VCI: Resolution on the private placement of bonds

Jul 9th at 15:08
09-07-2018 15:08:19+07:00

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



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