Becamex issues VND 120 billion in bonds to restructure bank debt

Becamex Group (Becamex Investment and Industrial Development Group JSC; ticker: BCM) announced that it issued 12,000 bonds in Vietnam’s domestic market between October 21 and November 3, 2026, with a total issuance value of VND 120 billion. The bonds, coded BCML12602, have a face value of VND 100 million each, a 36-month term and a combined annual interest rate of 12.5%. They are expected to mature on October 21, 2029.

Photo provided by Becamex Group.（VietVance）

Under the announced issuance plan, Becamex Group intends to use the proceeds to restructure some bank debt, with disbursement expected in the fourth quarter of 2026. Earlier, between August 28 and September 15, 2026, the company issued another 7,100 bonds with a total value of VND 71 billion. Those bonds have a three-year term and are expected to mature on August 28, 2029.

Becamex Group also announced a resolution to increase its capital contribution to Ho Chi Minh City–Thủ Dầu Một–Chơn Thành Expressway JSC. The company plans to raise its charter capital from VND 100 billion to more than VND 866.2 billion. Becamex Group intends to contribute nearly VND 375.5 billion more in the fourth quarter of 2026. Once completed, its total capital contribution will rise to nearly VND 424.5 billion, representing a 49% stake.

Established on January 25, 2025, the project company primarily builds roads. Becamex Group is part of an investor consortium involved in the section of the Ho Chi Minh City–Thủ Dầu Một–Chơn Thành expressway that passes through the former Bình Dương province. The section is about 52 kilometers long. Its first phase is being developed as a public-private partnership, with total investment of about VND 17.4 trillion. Completion is expected in 2027.

Source: VietVance