The Board resolution dated November 24, 2022, the BOD of Viet Dragon Securities Corporation approved the following contents:
- Approved the third bond issuance plan in 2022:
- Issuer: Viet Dragon Securities Corporation
- Bond name: Viet Dragon Securities Corporation
- Bond type: non-convertible bond, unsecured and without warrant
- Par value: VND100,000,000/bond
- Bond term: 01 year
- Issuance volume: 5,000 bonds
- Total value of issuance: VND500,000,000,000
- Number of issue phases: 02 phases; including:
|
No.
|
Bond code
|
Term
|
Estimated issuance volume (bond)
|
Estimated issuance value (billion dongs)
|
|
Phase 1
|
VDSH2223010
|
01 year
|
2,5000
|
250
|
|
Phase 2
|
VDSH2223011
|
01 year
|
2,5000
|
250
|
|
Total
|
5,000
|
500
|
- Offering price: 100% par value
- Bond form: book entry
- Issuance and payment currency: VND
- Time of implementation:
+ VDSH2223010 bond: expected on November 29, 2022
+ VDSH2223011 bond: expected on December 20, 2022.
- Issuance method: private placement
- Purpose of using capital from the offering: total proceeds of VND500 billion (estimated) will be used to restructure debt of the issuer).
- Fixed interest rate: 10.15%/year (including 2 phases).
- Approved the plan for redemption bonds before maturity:
- Repurchase volume: maximum 50% number of bonds issued
- Repurchase time: after 06 months from the issue date
- Repurchase interest rate: maximum 9%/year.