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Vietnamese property giant No Va Land Investment Group Corp is in talks with creditors to restructure part of its $1 billion foreign debt, according to two people familiar with the matter, amid turmoil in one of the country's top industries.
Vietnamese property giant No Va Land Investment Group Corp is in talks with creditors to restructure part of its $1 billion foreign debt, according to two people familiar with the matter, amid... | May 23, 2023
Vietnamese property giant No Va Land Investment Group Corp is in talks with creditors to restructure part of its $1 billion foreign debt, according to two people familiar with the matter, amid... | May 23, 2023
It is in talks with Credit Suisse, among others.
Global geopolitical concerns and rising inflation are impacting cross-border agreements, and as a direct consequence, investors are taking a conservative approach, particularly concerning mergers and acquisitions.