The Board resolution dated November 25, 2022, the Board of Directors of Viet Nam Joint Stock Commercial Bank For Industry And Trade approved the following contents:
- Adjustment of the plan for bond issuance to the public in 2022:
- Bond code:
+ CTG2230T2/01
+ CTG2232T2/01
+ CTG2230T2/02
+ CTG2232T2/02
- Bond term:
+ CTG2230T2/01 & CTG2230T2/02: 08 years
+ CTG2232T2/01 & CTG2232T2/02: 10 years
- Number of issue phases: 02 phases, including:
+ Phase 1: CTG2230T2/01 & CTG2232T2/01
+ Phase 2: CTG2230T2/02 & CTG2232T2/02.
- Issuance volume: 90,000,000 bonds, Of which:
+ CTG2230T2/01: 20,000,000 bonds, equivalent to VND2,000 billion
+ CTG2232T2/01: 30,0000,000 bonds, equivalent to VND3,000 billion.
+ CTG2230T2/02: 15,000,000 bonds, equivalent to VN1,500 billion
+ CTG2232T2/02: 25,000,000 bonds, equivalent to VN2,500 billion
- Interest rate: Interest rate = reference rate + range
- Time for bond redemption:
+ CTG2230T2/01 & CTG2230T2/02: 03 years from the issue date
+ CTG2232T2/01 & CTG2232T2/02: 05 years from the issue date.
- Time of implementation:
+ CTG2230T2/01 & CTG2232T2/01: expected from Quarter 4/2022 to Quarter 1/2023
+ CTG2230T2/02 & CTG2232T2/02: expected from Quarter 2/2023 to Quarter 3/2023.
- Plan for using capital from the bond offering:
Total proceeds from the bond offering will be used the following purposes:
|
No.
|
Content
|
Plan for using capital (billion dongs)
|
Disbursement time (estimated)
|
|
I
|
Phase 1
|
5,000
|
|
|
1
|
Manufacturing and processing industry
|
2,200
|
From Quarter 4/2022 to Quarter 3/2023
|
|
2
|
Production and distribution of electricity, gas
|
1,700
|
|
3
|
Other sectors
|
1,100
|
|
II
|
Phase 2
|
4,000
|
|
|
1
|
Manufacturing and processing industry
|
1,700
|
From Quarter 1/2023 to Quarter 4/2023
|
|
2
|
Production and distribution of electricity, gas
|
1,300
|
|
|
3
|
Other sectors
|
1,000
|
|
|
|
Total
|
9,000
|
|