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TTB: BOD resolution on the plan for corporate bonds issuance
HSX - 12/18/2018 3:55:00 PM
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Tien Bo Joint Stock Company (TTB) approved to plan the corporate bonds issuance with the following contents:

-      Issuer: Tien Bo Joint Stock Company (TTB)

-      Bond type: non-convertible, without warrants and secured bond

-      Par value: VND1,000,000/bond

-      Total value (based on par value): VND300,000,000,000, equivalent to 300,000 bonds

-      Issue form: private placement, book entry.

-      Issue time: expected in December 2018

-      Bond term: 03 years

-      Issue price: 100% par value

-      Time for bonds purchase settlement: the finish date of the purchase of bonds by the vendee to the issuer.

-      Interest rate:

+ For the first one interest term: 10.5%/year;

+ For next interest periods: sum of 3.5%/year and the reference interest rate is the average of the interest rates of personal savings (deferred interest payment) with a term of 12 months (or equivalent) in VND quoted by BIDV, Vietcombank, VietinBank and Agribank on the determination date.

-      Payment Guarantee: Sai Gon – Ha Noi Commercial Joint Stock Bank (SHB) – Thai Nguyen Branch.

 

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