On January 29, 2021, the Board of Directors of Phat Dat Real Estate Development Corp approved the plan for the first bond issue of 2021 as follows:
- Issuer: Phat Dat Real Estate Development Corp
- Bond type: non-convertible, secured bond, no warrants
- Bond code: PDRH2123001
- Par value: VND100,000,000/bond
- Issue volume: 4,000 bonds
- Total issue value: VND400,000,000,000
- Currency unit: VND
- Bond term: 02 years from the issue date
- Interest rate: 13%/year (365 days)
- Selling price: 100% par value
- Interest payment period: once every three months
- Issue time: estimated on February 02, 2021.