Ho Chi Minh City Infrastructure Investment Joint Stock Company (CII) announces the first batch of the bond private placement as follows:
I. Information on the bonds:
- Issuer: Ho Chi Minh City Infrastructure Investment Joint Stock Company (CII)
- Total value of bond package: VND1,300,000,000,000
- Purpose: the proceeds from offering will be used to increase the issuer’s capital and/or invest in programs, projects of the issuer.
- Estimated bond term: 24 months
- Par value: decided by the Board Chairman
- Bond type: non-convertible, unsecured bond, without warrants
- Bond form: book-entry
- Estimated nominal interest rate: the interest rate of each bond batch will be decided by the Board Chairman.
II. Information on the first batch of the bond private placement:
- Issuer: Ho Chi Minh City Infrastructure Investment Joint Stock Company (CII)
- Estimated maximum issue value of the first batch: VND300,000,000,000
- Estimated maximum issue volume of the first batch: 3,000 bonds
- Estimated bond term: 24 months
- Par value: VND100,000,000/bond
- Bond type: corporate non-convertible, unsecured bond, without warrants
- Bond form: book-entry
- Interest rate:
- For the first year: 11%/year
- From the second year onwards: equal to the sum of the saving personal interest rate in VND, term of 12 months, postpaid, quoted by TPBank and 3.5%/year, but in any case not less than 11%/year.
- Estimated issue date: the first quarter of 2020.
- Issue method: private placement.
- Organizations participating in the private placement:
- Issuer: Ho Chi Minh City Infrastructure Investment Joint Stock Company
- Consulting and issue agent: Tien Phong Securities Joint Stock Company
- Depository, payment and transfer management agent: Tien Phong Securities Joint Stock Company
- Purpose: the proceeds from offering will be used to increase the issuer’s capital and/or invest in programs, projects of the issuer.
- Interest payment period: every 03 months.
- Related parties:
- Issue agent: Tien Phong Securities Joint Stock Company
- Depository agent: Tien Phong Securities Joint Stock Company.