BWE: BOD approves to plan the private placement of bond
BWE: BOD approves to plan the private placement of bond
The Board resolution dated December 24, 2018, Binh Duong Water Environment Joint Stock Company approved the private placement of bond with the following contents:
- Issuer: Binh Duong Water Environment Joint Stock Company
- Bond name: BWEBOND2018
- Par value: VND100,000,000/bond
- Number of registered bonds to issue: 2,000 bonds
- Total value (based on par value): VND200,000,000,000
- Issue method: private placement
- Issue purpose: to increase its capital
- Term: 03 years from the issue date
- Issue period: expected from Q4.2018 to Q1.2019
- Issue price: equal to 100% par value
- Term of interest payment: Once every three months
- Interest rate:
+ For the first interest term: 9.5%/year;
+ For the next interest terms: sum of 3.5%/year and the reference interest rate is the average of the interest rates of personal savings (deferred interest payment) with a term of 12 months (or equivalent) in VND quoted by BIDV, Vietcombank, VietinBank and Agribank on the determination date.
- Consulting company: Orient Securities Corporation (ORS).
HOSE