The Board resolution dated November 12, 2019, Kinh Bac City Development Holding Corporation approved the plan for bond issuance as follows:

-       Issuer:  Kinh Bac City Development Holding Corporation

-       Bond name: KBCBOND2019-06

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

-       Par value: 100,000 dongs/bond

-       Bond volume: 2,000,000 bonds

-       Total value (based on par value): VND 200,000,000,000

-       Issue price: 100% par value

-       Bond term: 18 months

-       Issue date: expected in December 06, 2019

-       Bond interest rate:

+ For the first two interest periods: 10.8%/year;

+ For next interest periods: 3.8%/year + reference interest (In particular, 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.

-       Term of interest payment: once every 06 months.

-       Issue and consulting agent: Petro Vietnam Securities Incorparated (PSI).

-       Management and Registration agent: Petro Vietnam Securities Incorparated (PSI).