Cuongthuan Idico Development Investment Corporation announces the plan for private placement of bonds as follows:

-       Issuer: Cuongthuan Idico Development Investment Corporation

-       Purpose of bond issuance: to develop the mining business

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

-       Maturity year: 2022

-       Bond code: CTI_BOND_2019_02

-       Par value: VND100,000,000

-       Bond form: book-entry

-       Issue volume (maximum): 1,000 bonds

-       Total issue value(maximum): VND100 billion

-       Bond term: 03 years

-       Estimated issue date: January 10, 2020 or another day decided by the Board Chairman

-       Selling price: 100% par value. 

-       Interest rate: 10.5%/year for the first four interest payment periods. The interest rate for next interest payment periods will be equal to the sum of (i) 3.0%/year and (ii) a reference rate.

-       Interest payment period: every 03 months

-       Agent for issue: SSI Securities Corporation

-       Agent for registration, depository: SSI Securities Corporation

-       Agent for collateral management: Military Commercial Joint Stock Bank – Dong Nai Branch.