CII: CII to issue VND2,000 billion of bonds
Ho Chi Minh City Infrastructure Investment Joint Stock Company (CII) announces the bond private placement as follows:
- Issuer: Ho Chi Minh City Infrastructure Investment Joint Stock Company (CII)
- Estimated maximum issue value: VND2,000,000,000,000
- Number of batches: the bonds will be issued via 01 or various batches, decided by the Board of Directors.
- Purpose: The proceeds will be used to increase the working capital of the issuer and/or invest in programs and projects of the issuer.
- Estimated bond term: 36 months
- Currency unit: VND
- Par value: VND1,000,000/bond
- Issue price: 100% par value
- Bond type: non-convertible, secured bond, without warrants
- Bond form: book-entry
- Estimated nominal interest rate: 11%/year
- Estimated issue date: Quarter 1/2020