• Travel Destinations

    Vietjet raises USD 28 million in bond sale

    The post Vietjet raises USD 28 million in bond sale appeared first on TD (Travel Daily Media) Travel Daily. Vietjet Aviation Joint Stock Company has raised a total of VND 650 billion (USD 28 million) from selling 6.5 million bonds which is a result from its year-end bond issue in early December last year. The bond sale is a part of Vietjet’s mid-and-long-term bond plan to seek capital from the investors. The newly acquired cash will fund the airline’s development plan in 2021. According to Fitch Ratings, Vietnam’s aviation industry will recover faster than other countries’ in Southeast Asia due to its effective disease control. The ongoing trials of vaccines…