REG - VinaCapital Vietnam - Increased and extended debt facility

VinaCapital Vietnam Opportunity FundAnnouncement

25/04/2025 12:00

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RNS Number : 2614G  VinaCapital Vietnam Opportunity Fd.  25 April 2025

VinaCapital Vietnam Opportunity Fund Limited

 

(the "Company" or "VOF")

 

LEI Number: 2138007UD8FBBVAX9469

 

Increased and extended debt facility

 

On 24 April 2025, the Company increased the upper limit on its revolving
credit facility with Standard Chartered Bank (Singapore) Limited from USD40
million to USD60 million and has extended the maturity date of the facility to
30 May 2027. With limited exceptions (including appropriate commercial
adjustments to the arrangement fee and margin percentages), the key commercial
terms of the facility remain essentially unchanged and, in particular, the
financial covenants remain that (i) the Loan to Value Ratio must not exceed
10% and (ii) the Asset Cover Ratio must not be less than 3.25:1.

 

As at the date of this announcement, no amount is drawn under the facility.

 

Enquiries:

 

 Joel Weiden
 Investment Manager - Investor Relations and Communications

 VinaCapital Investment Management Limited
 T: +84 28 3821 9930
 E: joel.weiden@vinacapital.com (mailto:joel.weiden@vinacapital.com)

 Magdala Mullegadoo
 Company Secretary / Administrator

 Aztec Financial Services (Guernsey) Limited
 T: +44 1481 748 814
 E: vinacapital@aztecgroup.co.ukx (mailto:vinacapital@aztecgroup.co.uk)

 1.      References to VOF or the Company in this announcement shall mean
         VinaCapital Vietnam Opportunity Fund Limited, a non-cellular company
         incorporated in the Bailiwick of Guernsey under The Companies (Guernsey) Law,
         2008, with registered number 61765. It is authorised by the Guernsey Financial
         Services Commission (reference number 2268242) as a registered closed-ended
         investment scheme under The Protection of Investors (Bailiwick of Guernsey)
         Law, 2020 and in compliance with the Registered Collective Investment Scheme
         Rules, as amended.

 2.      The registered office address of the Company is East Wing, Trafalgar Court,
         Les Banques, St Peter Port, Guernsey, Channel Islands, GY1 3PP.

 3.      This announcement contains information that is inside information for the
         purposes of the UK version of the Market Abuse Regulation (EU) No. 596/2014
         which is part of UK law by virtue of the European Union (Withdrawal) Act 2018
         (as amended and supplemented from time to time).

 

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