On January 30, 2019, the Board of Directors of Electrical Equipment Joint Stock Company approved the plan for private placement of bonds as follows:
- Stock name: Electrical Equipment Joint Stock Company
- Bond term: 03 years
- Par value: VND100,000,000/bond
- Issue volume: 5,500 bonds
- Total value (based on par value): VND550,000,000,000
- Interest rate:
+ Interest rate for first 3 months from the issue date: 10.5%/year
+ Interest rate for next periods: reference interest + 3.5%/year
- Interest payment period: once every 06 months
- Interest adjustment period: once every 03 months
- Issue date: expected in Q1.2019
- Issue date: expected about 03 years from the issue date
- Consulting company: IB Securities Joint Stock Company
- Bank for blocking depository money: Tien Phong Commercial Joint Stock Bank
- Issue method: private placement.