LPBank Plans to Redeem Old Bonds as Spread on New 10-Year Bonds Rises 1.7 Percentage Points
LPBank plans to redeem VND 173.1 billion in subordinated bonds on December 30, 2026, five years after issuance. The bank recently placed about VND 2.96 trillion in new bonds, with the fixed spread on its new 10-year bonds 1.7 percentage points higher than on the old bonds.
