Phat Dat Real Estate Development Corp announces the redemption of all bonds in the third issue of 2019 as follows:

−        Issuer: Phat Dat Real Estate Development Corp

−        Bond name: Bond of Phat Dat Real Estate Development Corp

−        Bond type: non-convertible secured bond, no warrants

−        Par value: VND100,000,000/bond

−        Total issued value: VND550,000,000,000

−        Outstanding value: VND500,000,000,000

−        Bond term: 05 years from the issue date

−        Interest rate:

• For the first four interest periods: 10.5%/year
• For subsequent interest periods: equal to the sum of (i) at least 3.5%/year, and (ii) the postpaid individual saving interest rate with a term of 24 months of Military Commercial Joint Stock Bank at 11:00 am on a determination date.

−        Issue date: June 03, 2019

−        Maturity date: June 03, 2024

−        Purpose of bond redemption: to reduce/restructure liabilities

−        Estimated repurchase volume: 2,500 bonds

−        Total repurchase value at par value: VND250,000,000,000

−        Trading date: July 10, 2020

−        Payment date: July 10, 2020.