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BWE: BOD approves to plan the private placement of bond
HSX - 12/25/2018 11:00:00 AM
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     The Board resolution dated December 24, 2018, Binh Duong Water Environment Joint Stock Company approved the private placement of bond with the following contents:

-       Issuer: Binh Duong Water Environment Joint Stock Company

-       Bond name: BWEBOND2018

-       Par value: VND100,000,000/bond

-       Number of registered bonds to issue: 2,000 bonds

-       Total value (based on par value): VND200,000,000,000

-       Issue method: private placement

-       Issue purpose: to increase its capital

-       Term: 03 years from the issue date

-       Issue period: expected from Q4.2018 to Q1.2019

-       Issue price: equal to 100% par value

-       Term of interest payment: Once every three months

-       Interest rate:

+ For the first interest term: 9.5%/year;

+ For the next interest terms: sum of 3.5%/year and the reference interest rate is the  average of the interest rates of personal savings (deferred interest payment) with a term of 12 months (or equivalent) in VND quoted by BIDV, Vietcombank, VietinBank and Agribank on the determination date.

-       Consulting company:  Orient Securities Corporation (ORS).

 

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