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bond repayment
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Novaland to raise $563M through share issuances
Property developer Novaland plans to issue 1.37 billion shares to raise a minimum of VND13.7 trillion (US$563 million) to pay off and restructure debts.
Property developers scramble to delay bond repayments
At least 10 property developers are seeking a delay in redeeming bonds or paying interest as they are not able to arrange repayment, according to data from the Hanoi Stock Exchange.
