Viet Capital Securities Joint Stock Company announces Board Resolution No.24 dated August 04, 2020 as follows:
The Board of Directors approved the second bond issuance of 2020, worth VND500 billion.
1) Bond type: non-convertible bond
2) Total value of bonds expected to issue: VND500 billion (divided into many phases)
3) Interest rate: depending on the Company’s business performance, but no more than the average rate of mid-term deposit rates by BIDV and Vietinbank and plus 3%/year.
4) Par value: VND10,000,000.
5) Issue price: equal to the par value
6) Number of bonds expected to issue: 50,000 bonds
7) Currency unit: VND
8) Bond term: 24 months
9) Bond form: book-entry
10) Issue method: private placement.