On June 15, the Board of Directors of Post and Telecommunications Investment and Construction Joint Stock Company approved a private placement of corporate bonds as follows:

-          Issuer: Post and Telecommunications Investment and Construction Joint Stock Company

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

-          Currency unit: VND

-          Bond form: book-entry

-          Par value: VND100,000,000/bond

-          Issue volume: 2,000 bonds

-          Total issue value: VND200 billion

-          Estimated issue price: 100% par value

-          Estimated issue date: June 29, 2020

-          Estimated nominal interest rate: no more than 12%/year

-          Bond term: 05 years from the issue date

-          Issue agent: IB Securities Joint Stock Company.