HDB: Board resolution on international convertible bonds

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HDB: Board resolution on international convertible bonds

HOSE - 9/28/2020 4:27:00 PM

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On September 23, 2020, the Board of Directors of Ho Chi Minh City Development Joint Stock Commercial Bank approved some issues related to international convertible bonds as follows:

- Approving contents of bond redemption;

- Conversion time: after 12 months 01 day or until 59 months from the issue date;

- Conversion price: not less than the Bank’s book value according to the latest financial statements. The estimated conversion price will be VND41,800 and may be adjusted by dilution events in the future.

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