VILAF advised Military Bank and Kasikornbank (as mandated lead arrangers and lenders) and other onshore and offshore lenders being First Commercial Bank, Agricultural Bank of China Limited (Hanoi branch), China Construction Bank (HCMC branch), CTBC Bank Company Ltd. and E.SUN Commercial Bank (Dong Nai branch) in the US$100 million syndicated loan facility to Loc Troi Group to fund its expansion of high-quality rice production.

Loc Troi Group, a leading agriculture group in Vietnam, operates 24 factories of its own and on an affiliated basis throughout localities in the Mekong Delta and is the sole company that has met Sustainable Rice Platform’s standards in Vietnam.

The VILAF team advising the transaction included Partner Duyen Ha Vo, Counsel Tung Nguyen, and Associate Nghiem Nguyen.