Ho Chi Minh City Development Joint Stock Commercial Bank reports the result of bond repurchase before maturity in the public offering in 2020 for the phase 3 with details as follows:
1. Information on bond:
- Issuer: Ho Chi Minh City Development Joint Stock Commercial Bank
- Bond name: Ho Chi Minh City Development Joint Stock Commercial Bank
- Bond code: HDB2027_03
- Bond type: non-convertible bond, unsecured and without warrants
- Par value: 10,000 dongs/bond
- Bond term: 07 years
- Interest rate: 8.5%/year
- Total value of issuance (at par value): VND200,000,000,000
- Issue date: December 22, 2020
- Maturity date: December 22, 2027
2. Result of bond repurchase:
- Total value of outstanding (at par value): VND200,000,000,000
- Repurchase time: December 22, 2022
- Total value of repurchase (at par value): VND200,000,000,000
- Remaining value after the repurchase: VND0.