VCI: Resolution on the private placement of bonds
VCI: Resolution on the private placement of bonds
Viet Capital Securities Joint Stock Company announces Board Resolution No.17/2018 dated July 04, 2018 as follows:
The Board of Directors approved the third 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) Maximum interest rate: the average rate of mid-term deposit rates by BIDV and Vietinbank, plus 4.5%/year.
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) Bond term: 24 months
9) Bond form: book-entry
10) Issue date: expected from July 2018
11) Issue method: private placement.
HOSE