Vietnam: Masan Resources closes unit buyout; PAN issues $49.35m bonds

Vietnam
Vietnamese national flags and billboards advertising the 12th National Congress of the Communist Party of Vietnam line a highway in Hanoi, Vietnam. Photographer: Maika Elan/Bloomberg

Masan Resources, a unit under diversified Masan Group, has completed the buyout of Nui-Phao-H.C. Starck Tungsten Chemicals Manufacturing in a $29.1 million deal while The PAN Group has issued $49.35 million fixed rate bonds for the first time, diversifying its investor base.

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