In particular, the bond is guaranteed to be paid by Credit Guarantee and Investment Facility (CGIF) - a trust fund under the Asian Development Bank (ADB).
All mobilized capital will be used to implement the CMC Creative Space Hanoi Complex (CMC Creative Space Hanoi - CCS Hanoi) in Starlake urban area, Hanoi. In this deal, BNP Paribas plays the role of issuance consulting unit, accompanied by VietinBank Securities as issuing agent.
The bond has a structure of periodic principal payment, helping to allocate cash flow appropriately, minimizing the risk of maturing for businesses. With the number of purchases double the number of offers from reputable insurance companies, this transaction shows the high demand of investors for high-quality projects and enterprises in the market.
CGIF is mainly contributed capital from the governments of ASEAN countries plus 3 (including 10 ASEAN members, China, Japan, Korea) and ADB, to expand the domestic bond market in the region. The credit platform and capital scale help CGIF expand its guarantee capacity for long-term deals, which is the basis for the fund to participate in guaranteeing CMC's bond issuance. We guarantee CMC's first domestic bond issuance to help businesses diversify investors, ensuring long-term financing for the CMC-CCS Hanoi Creative Space Complex digital infrastructure project, said Mr. Hongwei Wang, General Director of CGIF.
CCS Hanoi (new name of CMC Starlake project) was approved by the Hanoi People's Committee to transfer the investor to CMC Technology Group in June 2023. The project started on June 1, 2025 and is expected to be completed on December 31, 2026.
CMC said that bond capital will focus on high-standard data center items (electricity, cooling, security, spare parts) and working space for the engineering team, aiming to provide DC/Cloud/AI-as-a-service services to corporate customers.
