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KBC: Plan for issuing VND400 billion of bonds to the public
HOSE - 5/21/2020 5:09:00 PM
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On May 20, 2020, the Board of Directors of Kinh Bac City Development Holding Corporation approved a plan for public offering of bonds in 2020 as follows:

−        Bond name: Bond of Kinh Bac City Development Holding Corporation or KBC2020.DC

−        Bond type: non-convertible, secured bond, no warrants

−        Face value: VND100,000/bond

−        Offering price: at least 100% par value

−        Currency unit: VND

−        Bond form: book-entry and certificate

−        Bond term: 18 months

−        Maximum offering volume: 4,000,000 bonds

−        Maximum offering value: VND400,000,000,000.

−        Interest rate: 11%

−        Interest payment period: once every 06 months.  

−        Consulting company: Agribank Securities Corporation

−        Consulting firm: Hochiminh City Securities Corporation

−        Issue agent: Hochiminh City Securities Corporation

−        Depository agent; Collateral management agent: Hochiminh City Securities Corporation.

 

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