The Board resolution dated December 19, 2022, the BOD of An Phat Holdings Joint Stock Company approved the adjustment of interest rate of APH-H2124-001 bond as follows:
Before adjusting
After adjusting
Reason for adjusting
a. 9%/year for the first two years from the issue date; and
b. 9.5%/year for the third year from the issue date.
b. 11.67%/year for the third year from the issue date.
The fixed interest rate for the third year increased by 2.17% from the original.