CTG: Approval of the ninth bond private placement in 2021

Jul 29th at 17:00
29-07-2021 17:00:51+07:00

CTG: Approval of the ninth bond private placement in 2021

The Board resolution dated July 28, 2021, the BOD of Viet Nam Joint Stock Commercial Bank For Industry And Trade approved the plan for the seventh bond private placement in 2021 as follows:

-          Issuer: Viet Nam Joint Stock Commercial Bank For Industry And Trade

-          Bond name: Viet Nam Joint Stock Commercial Bank For Industry And Trade Bond

-          Bond code: CTGH2131007

-          Bond type: non-convertible bond and unsecured

-          Purpose: to raise capital for CTG’s business activities.

-          Term: 10 years

-          Issuance volume: 1,000 bonds

-          Value: VND1,000 billion

-          Par value: VND1,000,000,000/bond

-          Issuance price: 100% par value

-          Issuance date: expected in July 2021 or August 2021

-          Maturity date: 10 years from the issuance date

-          Implementing right date: 05 years from the issuance date

-          Interest rate: Interest = reference interest + 1%/year

-          Issuance method: via the issuance agent.

-          Issuance form: book entry

-          Interest payment method: Once every 12 months.

 

HOSE



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