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KDH: Board resolution on bond issuance

May 4th at 16:27
04-05-2019 16:27:27+07:00

KDH: Board resolution on bond issuance

According to Board Resolution dated May 02, 2019, the Board of Directors of Khang Dien House Trading and Investment Joint Stock Company approved to issue corporate bonds as follows:

-        Total issue value: VND450 billion

-        Par value: VND1 billion/bond

-        Total issue volume: 450 bonds

-        Issue price: 100% par value

-        Bond type: corporate, non-convertible, unsecured bond

-        Expected investor: Dragon Capital

-        Issue method: private placement

-        Bond term: 02 years

-        Issue date: in Quarter 2/2019

-        Coupon rate: 12%/year

-        Interest payment period: once every six months

-        Agent for depository: Hochiminh City Securities Corporation

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