On June 17, 2020, Phat Dat Real Estate Development Corp announced the plan for the second bond issue of 2020 with the following projects:
|
Number of issue
|
Time
|
Purpose
|
Amount
(VND)
|
|
Batch 1
|
In July 2020
|
To finance projects in Binh Dinh Province
To finance its subsidiary to implement Binh Duong Luxury Apartment in Binh Duong Province
|
212,000,000,000
|
|
Batch 2
|
In August 2020
|
70,000,000,000
|
|
Batch 3
|
In September 2020
|
18,000,000,000
|
|
Total
|
300,000,000,000
|
On July 02, 2020, Phat Dat Real Estate Development Corp successfully issued 2,120 bonds for the first batch with the proceeds of 212,000,000,000 VND. The Company used the proceeds to finance Nhon Hoi Ecotourism Urban Project in Binh Dinh Province and finance its subsidiary to implement Binh Duong Luxury Apartment in Binh Duong Province.
Phat Dat Real Estate Development Corp announces a plan for the second batch of 2020 as follows:
− The estimated issue date: in August 2020
− Issue volume: 700 bonds
− Total issue value: 70,000,000,000 dongs
Purpose: to Finance Projects In Binh Dinh Province; to Finance Its Subsidiary To Implement Binh Duong Luxury Apartment In Binh Duong Province.