BCG: Board resolution on issuing convertible bonds

BCG: Board resolution on issuing convertible bonds

Bamboo Capital Joint Stock Company announces the plan for issuing convertible bonds as follows:

-          Bond name: Bond of Bamboo Capital Joint Stock Company

-          Bond symbol: BCG_BOND2018

-          Bond type: convertible, unsecured bond

-          Issue method: private offering

-          Bond form: book-entry

-          Currency unit: VND

-          Par value: VND1,000,000,000 / bond

-          Issue price: equal to the par value

-          Maximum issue volume: 280 bonds

-          Maximum issue value: VND280 billion

-          Bond interest rate: 5%/year

-          Interest payment period: once a year

-          Bond term: 03 years

-          Issue date: in 2018

-          Maturity date: The date coincides with the issue date after 03 years.

-          Transfer restriction: in 01 year from the issue date

-          Conversion:

• Deadline for conversion: after 01 year from the issue date to the day prior to the maturity date.
• Conversion price: VND10,000/share

-          Plan for the use of capital: The proceeds from the offering will be used to raise funds for Hanwha – BCG Bang Duong Energy Joint Stock Company to invest in GAIA Solar Power Plant Project with the total capacity of 100.5 MWp in the form of lending Hanwha – BCG Bang Duong Energy Joint Stock Company. 

-          Underwriting: none

-          Agent: KB Securities Vietnam Joint Stock Company.

HOSE