The Board resolution dated October 28, 2022, the BOD of Lien Viet Post Joint Stock Commercial Bank approved the plan to repurchase bonds before maturity in the public offering in 2020 with details as follows:
1. Information on bond:
- Issuer: Lien Viet Post Joint Stock Commercial Bank
- Bond name: Lien Viet Post Joint Stock Commercial Bank bond
- Bond type: non-convertible bond, unsecured and without warrants
- Par value: 10,000,000 dongs/bond
- Bond term: 07 years
- Interest payment date for term 2: November 24, 2022
- Outstanding volume: 181,428 bonds
- Total value: 1,814,280,000,000 dongs
- Issue date: November 24, 2020
- Right exercise date for repurchase: November 24, 2022.
2. Repurchase plan:
- Repurchase volume: 181,428 bonds
- Total value (at par value): 1,814,280,000,000
- Record date: November 15, 2022
- Right exercise date for repurchase: November 24, 2022
- Repurchase price: 10,000,000 dongs/bond.