Becamex IDC plans VND 1.20 trillion bond issue for Becamex IDC stock

Published on 10/22/2026 at 09:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Becamex IDC plans VND 1.20 trillion in 36-month bonds on October 21, 2026. Becamex IDC stock faces VND 26.33 trillion debt at June 30, 2026.

Debt refinancing and earnings

Becamex IDC approved a VND 1.20 trillion bond plan on October 21, 2026.
First-half revenue fell 65.00 percent to VND 1.66 trillion in 2026.
Becamex IDC issued VND 710.00 billion of bonds on August 28, 2026, maturing in 2029.

Becamex IDC, VN000000BCM3, Illustration mit AI erstellt.

Becamex IDC (VN000000BCM3) approved a VND 1.20 trillion bond issue on October 21, 2026, adding another refinancing step as financial debt reached VND 26.33 trillion at June 30, 2026. Tin nhanh chung khoan reported the plan on October 21, 2026.

Three funding events set the timeline

The chronology shows a rapid sequence of capital and balance-sheet decisions. On June 30, 2026, financial debt stood at VND 26.33 trillion, up 10.00 percent from the start of the year, according to Thuong Truong. On August 28, 2026, Becamex IDC issued VND 710.00 billion of three-year bonds. On October 21, 2026, the company approved the additional VND 1.20 trillion issue, according to Tin nhanh chung khoan.

What does the bond plan change?

The new bonds are planned with a 36-month term and will refinance four bank loans, with disbursement scheduled for the fourth quarter of 2026. The fixed rate for the first four periods is 12.50 percent, making refinancing the immediate purpose rather than a direct reduction in debt.

The earnings backdrop increases the importance of that funding choice. In the first half of 2026, revenue fell 65.00 percent year over year to VND 1.66 trillion, while profit after tax fell 82.60 percent to VND 320.50 billion, according to Tin nhanh chung khoan. The company had completed 8.30 percent of its full-year profit plan by June 30, 2026.

Dates investors can track

The earlier VND 710.00 billion bond issue is scheduled to mature on August 28, 2029, while the new issue is planned for the fourth quarter of 2026. Those dates frame the balance between near-term refinancing and longer-term repayment obligations.

Debt remains the central stock issue

Becamex IDC's financial debt was equal to 117.30 percent of equity at June 30, 2026, and total liabilities exceeded VND 40.15 trillion. The combination of weaker first-half earnings and additional bond funding makes debt service the central issue for the stock's next assessment.