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VIETNAM PRESS-HSBC to arrange $112 mln loan for Vietnam Airlines' plane buy - Tuoi Tre

Wed, 12th Mar 2014 02:36

Vietnam Airlines has signed a credit contract with HSBC and the bank together with Deutsche Pfandbriefbank will arrange a $112 million loan to help the nationalcarrier buy airplanes, the Tuoi Tre (Youth) newspaper reports.

The credit package would be used to buy two new Airbus planes, the report said.

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NOTE: Reuters has not verified this story and does not vouchfor its accuracy.

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