Vietnam’s Debt and Asset Trading buys back $191.8 million of 1% notes

By Marisa Wong

Morgantown, W.Va., Dec. 28 – Debt and Asset Trading Corp. announced it recently repurchased $191,798,000 of its 1% fixed-rate guaranteed notes due 2025 through over-the-counter purchases.

Following cancellation of the repurchased notes on Dec. 21, the outstanding principal amount of the notes is $387,991,000.

The Hanoi, Vietnam, company issued $626,799,000 of the 1% notes in October 2013.

Debt and Asset Trading facilitates the restructuring of enterprises in Vietnam.

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