An Gia Real Estate Investment and Development Corporation announces Board Resolution No.02/2020 dated February 06, 2020 as follows:
1. Approving a plan for issuing corporate bonds of An Gia Real Estate Investment and Development Corporation in 2020 with the total par value of VND180 billion.
− Issuer: An Gia Real Estate Investment and Development Corporation
− Bond name: Bond of An Gia Real Estate Investment and Development Corporation in 2020
− Bond type: non-convertible, secured bond, no warrants
− Bond form: book-entry
− Par value: VND1,000,000,000
− Currency unit: VND
− Maximum issue volume: 180 bonds
− Maximum issue value: VND180,000,000,000
− Issue price: 100% par value
− Maximum bond term: 24 months
− Issue method: private placement
− Number of issue phases: 02 phases. Of which:
- Phase 1: VND100,000,000,000, expected in February 2020;
- Phase 2: VND80,000,000,000, expected in February or March 2020.
− Interest rate: 11%/year
2. Approving to mortgage the assets owned by An Gia Real Estate Investment and Development Corporation and/or the assets of the third party as collateral for bonds.