On May 20, 2020, the Board of Directors of Kinh Bac City Development Holding Corporation approved a plan for public offering of bonds in 2020 as follows:
− Bond name: Bond of Kinh Bac City Development Holding Corporation or KBC2020.DC
− Bond type: non-convertible, secured bond, no warrants
− Face value: VND100,000/bond
− Offering price: at least 100% par value
− Currency unit: VND
− Bond form: book-entry and certificate
− Bond term: 18 months
− Maximum offering volume: 4,000,000 bonds
− Maximum offering value: VND400,000,000,000.
− Interest rate: 11%
− Interest payment period: once every 06 months.
− Consulting company: Agribank Securities Corporation
− Consulting firm: Hochiminh City Securities Corporation
− Issue agent: Hochiminh City Securities Corporation
− Depository agent; Collateral management agent: Hochiminh City Securities Corporation.