HCMC - HSBC Vietnam has announced completing a US$200 million, five-year syndicated loan for GELEX Infrastructure JSC to fund its medium-term investments and expansion plans.

Acting as the sole mandated lead arranger and bookrunner (MLAB), HSBC Vietnam facilitated GELEX Infrastructure’s debut U.S.-dollar-denominated syndicated loan from the offshore market. The transaction witnessed overwhelming demand, with subscriptions exceeding twice the initial target, drawing participation from 19 financial institutions. As an affiliate of GELEX Group, GELEX Infrastructure focuses on industrial parks, utilities and energy-related sectors. This capital injection is expected to strengthen the company’s financial capacity to drive growth in core business segments. The deal’s success underscores the growing dynamism of Vietnamese corporations in accessing international capital markets to diversify their funding sources for long-term investment, according to HSBC Vietnam. It also reflects continued confidence among foreign lenders in Vietnam’s economic prospects.