VCI: Board approves to issue the second bond in 2018
VCI: Board approves to issue the second bond in 2018
Viet Capital Securities Joint Stock Company announces Board Resolution No.08/2018 dated April 04, 2018 as follows:
The Board of Directors approved the second bond issuance of 2018, worth VND800 billion.
1) Bond type: non-convertible bond
2) Total value of bonds expected to issue: VND800 billion (divided into many phases)
3) Interest rate: to be decided by the Directorate, and the maximum interest rate will not higher than the average rate of medium-term deposit rates at BIDV, Vietinbank and plus 4.5%.
4) Par value: VND10,000,000.
5) Issue price: equal to the par value
6) Number of bonds expected to issue: 80,000 bonds
7) Currency unit: VND
8) Number of issue phase: the bonds will be issued in many phases in 2018.
9) Bond term: 24 months
10) Bond form: book-entry
11) Issue method: private placement.
HOSE