Linklaters, its alliance partner Allens and YKVN have advised on Masan Group’s USD750 million senior unsecured syndicated loan from a consortium of 15 international banks in the largest such facility raised by a privately owned Vietnamese enterprise.
The facility allocates around USD490 million towards refinancing existing obligations, with a further USD260 million reserved to provide strategic flexibility.
The transaction involved a complex cross-border financing structure spanning laws in Vietnam, Singapore and England.
Linklaters advised the arrangers on the syndicated loan, with the team led by Singapore-based banking partner Dior Lin, who was supported by managing associate Grace Sim, associate James Lek and trainee solicitor Don Loke.
The Allens team was led by head of Vietnam Linh Bui, alongside senior associate Ha Nguyen and associate Kien Du.
YKVN advised Masan Group, with the team spearheaded by managing partner Truong Nhat Quang and partner Ho Anh Tuyet. Additional support was provided by senior associates Le Huynh Nhat Minh and Duong Phuong Thanh.
Masan Group is a consumer-focused conglomerate known for household brands such as Chin-su chilli sauce and fish sauce, and is also the owner of WinCommerce, which operates the WinMart supermarket and WinMart+ convenience store chains. Masan Group was established in 1996 and listed on the Ho Chi Minh Stock Exchange in 2009.
