CII: Board resolution on issuing VND500 billion of bonds to the public

Sep 20th at 17:01
20-09-2021 17:01:21+07:00

CII: Board resolution on issuing VND500 billion of bonds to the public

The Board of Directors of Ho Chi Minh City Infrastructure Investment Joint Stock Company approved a plan for issuing corporate bonds according to Board Resolution No.272/2021 dated May 27, 2021:

-          Bond name: CIIB2124002

-          Bond type: non-convertible unsecured corporate bond, no warrants

-          Maximum issue volume: 5,000,000 bonds

-          Maximum issue value at par value: VND500,000,000,000.

-          Currency unit: VND

-          Interest rate: expected no more than 10.5%/year

-          Par value: VND100,000/bond

-          Offering price: 100% par value

-          Number of issue batches: 01 batch

-          Bond term: 03 years from the issue date

-          Issue date: in 2021.

HOSE



RELATED STOCK CODE (1)

NEWS SAME CATEGORY

High-yield realty bonds allure investors but experts warn of risks

The fledgling property-backed bond market is tempting investors for its inviting high yields but experts still warn investors of potential risks of the products.

Brokerages race to issue bonds

Brokerages including VNDirect and Viet Dragon and are racing to issue bonds amid rising demand for capital as investors increase the use of margin in trading.

Corporates turn to bonds to overcome cash shortage

Many major banking, real estate and aviation companies have been raising huge sums from bond issuances to overcome tightened lending and lack of cashflows.

Realty bond market prospers amid potential risks

The realty sector recorded a strong rise in the value of corporate bonds issued in the first six months of 2021, but risks still abound amid the impact of COVID-19...

Pork producer issues bonds to raise $87 mln

Pork producer Masan MeatLife has announced it is issuing roughly 20 million bonds to raise nearly VND2 trillion ($86.9 million).

Pawn shop chain to issue $17-mln worth of bonds

Pawnshop chain F88 is set to issue bonds worth VND400 billion ($17.4 million) with a coupon rate of 11.5-12 percent to fund the opening of new branches.

Surge seen in corporate bond issuances

Corporate bond issuances in the second quarter of this year rose by 3.7 times from the first and 30 percent year-on-year.

Viet Nam expects to raise VND120 trillion worth of G-bonds in Q3

The State Treasury recently announced a plan to auction Government bonds worth VND120 trillion (US$5.21 billion) via the Ha Noi Stock Exchange in the third quarter...

Ministry warns investors to be cautious when buying corporate bonds

To ensure transparency and reduce risks in the bond market, the Ministry of Finance (MoF) has asked corporate bond issuers to consider the feasibility of production...

Experts share global experience in developing green bond market

Piloting issuance of green bonds of various types is one of the ways to accelerate the development of Vietnam’s green bond market, the Global Green Growth Institute...


MOST READ


Back To Top