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NSI: Resolution on the private bond issuance

Aug 11th at 15:31
11-08-2020 15:31:37+07:00

NSI: Resolution on the private bond issuance

     National Securities Incorporation announces the Resolution of General Meeting of Shareholders dated August 06, 2020 as follows:

1)      Approving the plan to issue Corporate bonds:

-          Issuer: National Securities Incorporation

-          Securities type: non-convertible bond, secured and no warrants

-          Bond name: National Securities Incorporation Bond

-          Bond code: N – BOND

-          Par value: VND 100,000,000/bond

-          Expected issue volume: 1,000 bonds

-          Total value (based on par value): VND 100,000,000,000

-          Bond term: 12 months

-          Interest payment: 10.5%/year

-          Interest payment term: Once every six months

-          Issuance form: private placement

-          Issue time: expected in Q3.2020

-          Issuance agent: VietABank.

2)      Approving the purpose of use of the proceeds from the offering:

Total proceeds from the offering will be used to supplement funds for the company’s business operating.

HOSE

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