PDR: Board approves the plan for the second bond issuance of 2019
On May 14, 2019, the Board of Directors of Phat Dat Real Estate Development Corp approved the plan for the second bond issuance of 2019 as follows:
- Issuer: Phat Dat Real Estate Development Corp
- Bond type: non-convertible, secured bond, without warrants
- Par value: VND1,000,000,000/bond
- Issue volume: 100 bonds
- Total issue value: VND100 billion
- Bond term: 01 year from the issue date
- Interest rate: 12%/year
- Selling price: 100% par value.
- Interest payment period: once every six months
- Issue time: in Quarter II – III.2019.