HCM CITY — The Hồ Chí Minh City Development Joint Stock Commercial Bank (HDBank, ticker: HDB) has successfully issued US$50 million in international green bonds to the International Finance Corporation (IFC).

The issuance marks an important milestone for HDBank in the international capital market, following its issuance of VNĐ3 trillion in domestic green bonds at the end of 2024.

The deal comprises 50,000 bonds with a total face value of $50 million (Phase 1), carrying a three-year maturity. It is part of HDBank’s international green bond programme, which includes two private placements worth a combined $100 million. The bonds are non-convertible, unsecured, and issued without warrants. SSI Securities Corporation served as the advisory firm.

Proceeds from the issuance will enable HDBank to diversify its financial resources, enhance risk management, and expand financing for renewable energy, green buildings, electric vehicles, and energy-efficiency projects.

The IFC funding is expected to support at least 50 clients in implementing green initiatives, helping reduce around 100,500 tonnes of CO₂ emissions annually and contributing to Việt Nam’s net-zero target by 2050.

In late 2024, IFC assisted HDBank in developing its Sustainable Finance Framework in line with international standards, paving the way for the bank’s green and sustainable bond issuances.

With this issuance, HDBank reinforces its credibility in the global capital market and strengthens its position as a pioneer in combining business growth, sustainable governance, and community development. — VNS