The Board resolution dated October 22, 2019, Phu Tai Joint Stock Corporation approved to plan the private placement of bonds with the following details:
- Issuer: Phu Tai Joint Stock Corporation
- Securities code: PTB
- Bond type: non-convertible bond, unsecured
- Par value: 100,000,000 dongs/bond
- Issue volume: 1,500 bonds; Of which:
+ Phase 1: 204 bonds;
+ Phase 2: 256 bonds;
+ Phase 3: 678 bonds;
+ Phase 4: 362 bonds.
- Total issue value (based on par value): VND 150,000,000,000; Of which:
+ Phase 1: VND 20,400,000,000;
+ Phase 2: VND 25,600,000,000;
+ Phase 3: VND 67,800,000,000;
+ Phase 4: VND 36,200,000,000.
- Issue form: private placement
- Bond term: 05 years as from the issue date of the phase 1.
- Issue date:
+ Phase 1: expected in November 2019;
+ Phase 2: expected in December 2019;
+ Phase 3: expected in January 2020;
+ Phase 4: expected in February 2020.
- Maturity date:
+ Phase 1: expected in November 2024;
+ Phase 2: expected in November 2024;
+ Phase 3: expected in November 2024;
+ Phase 4: expected in November 2024.
- Issue price: 100% par value
- Bond interest: agreement with the bondholders
- Interest payment term: Once every 03 months
- Depository and payment agent: Military Commercial Joint Stock Bank
- Collateral management agent: Military Commercial Joint Stock Bank – Binh Dinh Branch
- Consulting firm and issue agent: MB Securities Joint Stock Company (MBS)