The Board resolution dated October 31, 2022, the BOD of Joint Stock Commercial Bank for Investment and Development of Vietnam approved the following contents:
- Approved the adjustment of bond public offering:
- To adjust the bond interest rate range in the second tranche:
- 07 years term: interest = reference interest + range 1.3%year
- 08 years term: interest = reference interest + range 1.4%year.
- 10 years term: interest = reference interest + range 1.5%year.
- To adjust the issuance time in the second tranche: expected in December 2022 – January 2023.
- To adjust the progress of using capital in the second tranche: Quarter IV/2022 -Quarter II/2023.
- Approved the plan for share private placement in Quarter IV/2022:
- Issuance purpose: to lend to customers
- Total value of issuance: VND24,000 billion
- Bond type: non-convertible bond, unsecured and without warrants
- Issuance currency and payment: VND
- Bond form: book entry
- Par value: 100,000,000 dongs
- Issuance price: 100% par value
- Bond term: from 01 year to 05 years
- Number of issue phases: 20 phases; Of which:
|
Issuance time
|
Quantity of issuance
|
volume
|
|
October 2022
|
Maximum 07 phases
|
Minimum 50 billion dongs
|
|
November 2022
|
Maximum 07 phases
|
Minimum 50 billion dongs
|
|
December 2022
|
Maximum 06 phases
|
Minimum 50 billion dongs
|
|
Total (Q4.2022)
|
Maximum 20 phases
|
Minimum 24,000 billion dongs
|
- Distribution time: maximum 30 days from the notice date before the offering
- Estimated issuance time: Quarter IV/2022
- Approved the plan for bond private placement to raise capital:
- Issuance purpose: to increase capital (level 2) to lend to customers
- Total value of issuance (at par value): VND5,000 billion
- Bond type: non-convertible bond, unsecured and without warrants
- Issuance currency and payment: VND
- Bond form: book entry
- Par value: 100,000,000 dongs
- Issuance price: 100% par value
- Bond term: over 05 years
- Number of issue phases: 20 phases; Of which:
|
Issuance time
|
Quantity of issuance
|
volume
|
|
October 2022
|
Maximum 07 phases
|
Minimum 50 billion dongs
|
|
November 2022
|
Maximum 07 phases
|
Minimum 50 billion dongs
|
|
December 2022
|
Maximum 06 phases
|
Minimum 50 billion dongs
|
|
Total (Q4.2022)
|
Maximum 20 phases
|
Minimum 24,000 billion dongs
|
- Distribution time: maximum 30 days from the notice date before the offering
- Estimated issuance time: Quarter IV/2022.