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VCI: Resolution on the second bond issuance of 2020
HOSE - 8/12/2020 11:13:00 AM
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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. 

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