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The article reports on Vietnamese company Vincom's sale of convertible bonds on the international market for the first time. The transaction was characterized by support from the government, regulatory flexibility and a high level of disclosure. The property company's bond issue was valued at 100 million U.S. dollars and is considered the first international bond from Vietnam since a sovereign bond issue in 2005.

The article offers information on First Gen Corporation's issue of 300 million U.S. dollars worth of five-year convertible bonds wherein Paul, Hastings, Janofsky & Walker served as international counsel. The transaction was initially at 225 million U.S. dollars but was raised after the manager's over-allotment option was exercised. According to Robert Panlilio, senior country manager of JP Morgan Chase Bank, the transaction was oversubscribed and closed within two hours of its launch.

The article reports that the board of directors of China Petroleum & Chemical Corp. has agreed the issuance of convertible bonds with detachable warrants and the issuance of domestic corporate bonds. It intends to issue up to 30 billion renminbi convertible bonds with detachable warrants to institutional investors and the public investors. The proposals are subject to approval by the Extraordinary General Meeting of the company and relevant authorities to be held on November 15, 2007.