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PDR: BOD resolution on the plan for corporate bonds issuance
HSX - 6/7/2019 3:07:00 PM
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The Board of Directors of Phat Dat Real Estate Development Corp (PDR) approved to plan the corporate bonds issuance with the following contents:

-      Issuer: Phat Dat Real Estate Development Corp (PDR)

-      Bond type: non-convertible, without warrants and secured bond

-      Par value: VND100,000,000/bond

-      Issuing volume: 1,500 bonds

-      Total value (based on par value): VND150,000,000,000

-      Issue form: private placement, book entry.

-      Issue time: expected in December 2018

-      Bond term: 01 year

-      Issue price: 100% par value

-      Interest rate: 14%/year

-      Payment method:

+ Principle: the bond principle will be paid once on the maturity date.

+ Interest payment period: once every 03 months.

-      Time of implementation:  expected in Q2.2019 or Q3.2019.

 

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