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HQC: BOD Resolution on the bonds issue (phase 2)
HSX - 9/11/2018 11:35:00 AM
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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).

 

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