Norfund grants $30 million convertible loan to SeABank

Norfund grants $30 million convertible loan to SeABank

The Norwegian Investment Fund for Developing Countries (Norfund) on June 19 committed $30 million to Hanoi-headquartered SeABank (HSX: SSB) through a convertible loan, which can be converted into SeABank common shares within four years.
Norwegian fund expected to lead SeABank private share offering

Norwegian fund expected to lead SeABank private share offering

SeABank plans to issue up to 94.6 million shares, with the Norwegian Investment Fund, Norfund, being the expected primary investor.