The Board resolution dated February 07, 2023, the BOD of Electrical Equipment Joint Stock Company approved the repurchase of part of bonds before maturity with details as follows:
- Issuer: Electrical Equipment Joint Stock Company
- Bond code: THIH2126001
- Par value: 100,000,000 dongs/bond
- Total value of issuance (at par value): VND400,000,000,000
- Total outstanding value (at par value): VND320,000,000,000
- Bond term: 05 years
- Issue date: December 31, 2021
- Maturity date: December 31, 2026
- Interest rate:
+ For the first interest period: 7.5%/year
+ For next interest periods: sum of 3.00%/year and the reference interest rate. In particular, the reference interest rate is the average of the interest rates of personal savings (deferred interest payment) with a term of 12 months.
- Expected repurchase volume: 1,200 bonds, equivalent to VND120,000,000,000 (at par value).
- Record date: February 09, 2023
- Repurchase time: February 24, 2023.