On September 07, 2018, the Board of Directors of Hoang Quan Consulting – Trading – Service Real Estate Corporation (HQC) approved to implement the bonds issue phase 2 with the following contents:
- Issuer: Hoang Quan Consulting – Trading – Service Real Estate Corporation
- Bond name: Bond of Hoang Quan Consulting – Trading – Service Real Estate Corporation
- Bond code: HQC.BOND.2018.TRAVINH
- Bond type: non-convertible bonds, secured
- Issue method: underwriting bonds
- Currency issue and settlement: VND
- Bond form: book entry
- Par value: VND1,000,000/bond
- Expected issue volume: 300,000 bonds, equivalent to VND300 billion
- Purpose of issue: to invest in the project of the Social Housing in Ward 4, Tra Vinh City, Tra Vinh Province.
- Bond term: 03 years
- Issue date: expected from September 2018 to December 2018.
- Maturity date: expected from September 2021 to December 2021.
- Issue price: 100% par value
- Interest rate:
+ First year: 8.5%
+ Second year: 9%
+ Third year: 10%
- Interest payment: once every three months from the issue date.
- Consulting company: KB Securities Vietnam Joint Stock Company (KBSV).