PDR: Board resolution on the second bond issue of 2021

Apr 28th at 10:09
28-04-2021 10:09:55+07:00

PDR: Board resolution on the second bond issue of 2021

On April 20, 2021, the Board of Directors of Phat Dat Real Estate Development Corp approved the plan for the second bond issue of 2021 as follows:

-          Issuer: Phat Dat Real Estate Development Corp

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

-          Bond code: PDRH2123002

-          Par value: VND100,000,000/bond

-          Issue volume: 1,500 bonds

-          Total issue value: VND150,000,000,000

-          Currency unit: VND

-          Bond term: 02 years from the issue date

-          Interest rate: 13%/year (365 days)

-          Selling price: 100% par value 

-          Interest payment period: once every three months

-          Issue time: estimated on April 2021. 

HOSE



RELATED STOCK CODE (1)

NEWS SAME CATEGORY

Vinaconex to issue $173.3 million of bonds

Viet Nam Construction and Import-Export Joint Stock Corporation (Vinaconex) plans to raise a large amount of capital in 2021 by issuing VND4 trillion (US$173.3...

Green bonds pique Vietnamese investor interest

The global green bond market has surpassed the $1 trillion cumulative issuance since its inception in 2007, an impressive growth rate, according to Climate Bonds...

Green bonds can help VN achieve climate goals: experts

Green bonds are an innovative tool to mobilise financing from the private sector to scale up and achieve national climate plans, said Vu Chi Dung, director of the...

Corporate bond rush heads for slowdown

With Vietnamese regulators’ efforts to minimise the risks of corporate bonds’ mass issuance, the landscape is predicted to be cooled down compared to a frenzy of...

Corporate bonds of real estate - risky commercial debt for investors

When enterprises fail to realize their commitment of interest payment, investors would be on the losing side.

Quick cash alternative in international bonds

Besides domestic cash and traditional corporate bonds, Vietnamese conglomerates are actively seeking to raise foreign funds by jumping on the international...

Vietnam raises US$1.7 billion via government bonds in Q1

As of March, the total value of G-bonds reached more than VND1,340 trillion ($58.3 billion), slightly down 0.7% against late 2020.

More than $1.7 billion mobilised through G-bond auctions in Q1

The State Treasury raised nearly VND39.21 trillion (more thanUS$1.7 billion) worth of Government bonds via 40 auctions on the Ha Noi Stock Exchange (HNX) in the...

Vietnam bond market surges 32% to US$71 billion in 2020

Government and corporate bonds comprised 82.8% and 17.2% of the local currency bond market, respectively, at the end of December 2020.

Corporate Bonds issuance still very strong

Private offerings and transaction of corporate bonds in the domestic market, along with offering of corporate bonds to the international market will soon be...


MOST READ


Back To Top