Phat Dat Real Estate Development Corp announces the plan for the fifth bond issuance of 2019 as follows:
- Issuer: Phat Dat Real Estate Development Corp
- Bond type: non-convertible, secured bond, no warrants
- Par value: VND100,000,000/bond
- Issue volume: 2,200 bonds
- Total issue value: VND220 billion
- Bond term: 01 year from the issue date
- Interest rate: 13.5%/year
- Selling price: 100% par value.
- Interest payment period: once every three months
- Issue time: in Quarter III.2019
Issue method: private placement.