NSC: Board approves a private offering of bonds
On May 13, the Board of Directors of National Seed Joint Stock Company approved the plan for private offering of bonds:
- Type of bond: non-convertible, unsecured bond
- Par value: VND1,000,000,000/bond
- Issue price: 100% par value
- Bond term: 01 year
- Total estimated issue value: VND100,000,000,000.
- Estimated issue volume: 100 bonds
- Plan for capital allocation:
- To invest in Seed Processing and Agricultural Product Processing Center in Truong Xuan Industrial Group, Thap Muoi, Dong Thap province.
- To raise the working capital.