The Board resolution dated March 22, 2021, the BOD of Petro Vietnam Securities Incorporated approved the plan for the first bond issuance in 2021 with the following details:
- Bond code: PSIH2122001
- Issue volume: 3,000 bonds
- Par value: 100,000,000 dongs/bond
- Total value of issue (based on par value): VND 300,000,000,000
- Bond type: non-convertible bond, unsecured and without warrants
- Bond term: 01 year
- Bond form: book entry
- Nominal interest rate (estimated): 9.0%/year
- Expected offering price: 100% par value
- Expected issue date: March 25, 2021
- The firms related to the bond issue: Stanley Brothers Securities Incorporation (SBSI)