On 06 September 2019, MaSan Group Corporation announces the issuance of bonds under public offering as follows:
- Issuer: MaSan Group Corporation
- Bond name: MSNPO2022_01 bond
- Bond type: non-convertible bond, unsecured and without warrants
- Par value: 100,000 dongs/bond
- Issue volume: 15,000,000 bonds
- Bond term: 03 years
- Payment term: Once every six months
- Interest rate:
- For the first interest period: 10.00%/year
- For next interest periods: sum of 3.20%/year and the reference interest rate. In particular, 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.
- Amount of capital to be mobilized: VND1,500,000,000,000
- Purpose to mobilize capital: to restructure the debt of issuer.
- Offering price: VND100,000/bond
- Minimum buying volume:
+ For the institutional investor: 2,000,000 bonds, equivalent to VND200,000,000,000 (based on par value);
+ For the individual investor: 100,000 bonds, equivalent to VND100,000,000,000 (based on par value.
- Time for registration and payment: from September 06, 2019 to September 26, 2019.
- Place to receive subscription & publish the prospectus: Techcom Securities Joint Stock Company (TCBS).
- Expected issue time: September 26, 2019
- Bank for blocking depository money:
- Account holder: MaSan Group Corporation
- Account number: 188051588
- Bank: VietNam Prosperity Joint Stock Commercial Bank (VPB).