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Based on Decision dated September 12, 2019, Phat Dat Real Estate Development Corp approved to plan the 7th private placement as follows:
- Issuer: Phat Dat Real Estate Development Corp
- Bond type: non-convertible bond, secured and without warrants
- Bond form: book entry
- Par value: 100,000,000 dongs/bond
- Currency issue: VND
- Issue volume: 800 bonds
- Total value: VND80 billion
- Issue price: 100% par value
- Issue method: private placement
- Bond term: 01 year
- Bond interest: 13%/year
- Issue price: 100% par value
- Payment term: Once every three months
- Issue time: expected in September 2019 or October 2019.
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