Market Chatter: VinFast Auto Gets $150 Million Loan from Barclays

MT Newswires Live

09/15

VinFast Auto (VFS) has secured a $150 million loan from Barclays (BCS), Bloomberg News reported Monday, citing a spokesperson for the Vietnamese automaker.

Work on the three-year loan, obtained by the company's Singapore subsidiary and intended to support working capital requirements, is nearly complete, the spokesperson reportedly said.

VinFast and Barclays did not immediately respond to MT Newswires' requests for comment.

VinFast shares were up 3.1% in recent premarket activity.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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