MSN: BOD approves to issue bond
MSN: BOD approves to issue bond
On August 22, 2017, The BOD of MaSan Group Corporation approved to issue bond as follows:
1) Bond type: non-convertible bond
2) Total value of bonds expected to issue: VND3,000 billion (divided into many phases)
3) Maximum interest rate: 10%/year.
4) Par value: VND100,000.
5) Issue price: 100% of par value
6) Number of bonds expected to issue: 30,000,000 bonds
7) Currency unit: VND
8) Bond term: 24 months
9) Issue date: expected in Quarter III or Quarter IV, 2017
10) Bond form: book-entry
11) Issue method: private placement.
HOSE