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Increased and extended debt facility

25th Apr 2025 12:00

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: [email protected]

 

 

Magdala Mullegadoo

Company Secretary / Administrator

Aztec Financial Services (Guernsey) Limited

T: +44 1481 748 814

E: [email protected]

 

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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END
 
 
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Related Shares:

VinaCapital Vietnam Opportunity Fund
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