PDR: Adjustment of the plan for the fifth bond issuance of 2019

Jul 25th at 10:58
25-07-2019 10:58:05+07:00

PDR: Adjustment of the plan for the fifth bond issuance of 2019

On July 11, 2019, the Board of Directors of Phat Dat Real Estate Development Corp announced the plan for the fifth bond issuance of 2019 as follows:

-       Bond type: non-convertible, secured bond, no warrants

-       Par value: VND100,000,000/bond

-       Issue volume: 2,200 bonds

-       Total issue value: VND220 billion

However, after the negotiation with investors, the Board Chairman cum CEI approved to adjust the plan as follows:

-       Bond type: non-convertible, secured bond, no warrants

-       Par value: VND100,000,000/bond

-       Issue volume: 700 bonds

-       Total issue value: VND70 billion

-       Asset management agent: Haiphong Securities Joint Stock Company.

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