Banking & Finance

About

Provided by LNT & Partners

LNT’s Banking and Finance practice is well known for its advisory work on complex cross-border syndicated loan agreements and multi-million dollar project financing facilities. The team also provides expertise on compliance matters in Vietnam’s highly regulated banking and finance sector.

The practice’s clientele consists of some of the most prominent banks in Vietnam and the world, such as Vietcombank, Standard Chartered, United Overseas Bank, ANZ and Mizuho Bank. New clients signed in 2019 include inter alia China Construction Bank (HCMC Branch), Sumitomo Mitsui Banking Corp and Bank of China (HCMC Branch).

Recent work highlights

• Advised on a USD 800 million international bond and credit link note issued by one of the leading banks in Vietnam.
• Advised a local bank on a USD 300 million project finance loan for an ODA-financed project.
• Advised Petro Vietnam on a USD 175 million syndicated loan agreement with Citibank (Hanoi) and Citibank (Tokyo). Form: LMA.
• Advised on a USD 175 million financing deal for three oil tankers serving the Dung Quat refinery.
• Advised Vietcombank on a USD 100 million syndicated facility agreement with Standard Chartered Bank (Vietnam) and Standard Chartered Bank (New York), using nostro account as collateral. Form: APLMA.

• Advised Natixis Bank on a USD 15 million loan to Petro Vietnam Technical Service Corp (PTSC).

• Advised Samsung on their launch of Samsung Pay in Vietnam.