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CTG: Notice of public offering of bonds in 2018

Jun 6th at 16:45
06-06-2018 16:45:06+07:00

CTG: Notice of public offering of bonds in 2018

Viet Nam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) announced the public offering of bonds in 2018 as follows:

-      Issuer: Viet Nam Joint Stock Commercial Bank for Industry and Trade (Vietinbank)

-      Bond name: Bond of Viet Nam Joint Stock Commercial Bank For Industry and Trade in 2018

-      Bond type: non-convertible, unsecured bond

-      Currency unit: VND

-      Face value: VND10,000,000/bond

-      Number of bonds for the second phase: 400,000 bonds, equivalent to VND4,000,000,000,000.

-      Bond term: 10 years

-      Interest payment period: once per year

-      Interest rate: floating rate and defined as follows:

  • Interest rate = Reference interest rate (*) + 0.8%/year
  • (*) Reference interest rate: the average of the 12-month saving rate (in VND) quoted by four commercial banks: Viet Nam Joint Stock Commercial Bank for Industry and Trade, Bank for Investment and Development of Vietnam, Joint Stock Commercial Bank for Foreign Trade of Vietnam (Head office), Vietnam Bank for Agriculture and Rural Development, on a determination day.

-      Expected mobilized capital in the second phase: VND4,000,000,000,000.

-      Issue price: VND10,000,000/bond

-      Minimum bidding quantity: 5 bonds

-      Subscription period: from June 05, 2018 to June 25, 2018   

-      Place of subscription: Office and branches of Viet Nam Joint Stock Commercial Bank for Industry and Trade.

-      Expected issue date: June 28, 2018  

-      Bank for blocking depository money:

  • Bank for Investment and Development of Vietnam (BIDV) – Ha Thanh Branch
  • Account holder: Viet Nam Joint Stock Commercial Bank for Industry and Trade
  • Account number: 12211.00000.3125.

 

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