Phat Dat Real Estate Development Corp announces the bond redemption before maturity as follows:
− Issuer: Phat Dat Real Estate Development Corp
− Bond name: Bond of Phat Dat Real Estate Development Corp
− Bond type: non-convertible secured corporate bond, no warrants
− Par value: VND100,000,000/bond
− Total issued value: VND550,000,000,000
− Bond term: 05 years from the issue date
− Bond interest rate:
- For the first 04 interest periods: 10.5%/year
- For the next interest periods: equal to the sum of (i) at least 3.5%/year, and (ii) the 12-month postpaid personal savings interest rate announced by Military Commercial Joint Stock Bank on its official website at 11:00 on the interest determination date.
− Issue date: June 03, 2019
− Maturity date: June 03, 2024
− Estimated repurchase volume: 200 bonds
− Repurchase price: VND100,000,000/bond
− Total repurchase value: VND200,000,000,000
− Trading date: March 03, 2020
− Payment date: March 03, 2020.