The Board resolution dated April 19, 2023, the BOD of Kinh Bac City Development Holding Corporation approved the record date and the plan for bond redemption before maturity with details as follow:
- Bond code: KBC121020
- Bond type: corporate bond
- Par value: 100,000 dongs/bond
- Number of bonds issued: 15,000,000 bonds
- Number of outstanding bonds: 15,000,000 bonds
- Total value of issuance (at par value): 1,500,000,000,000 dongs
- Term: 24 months
- Issue date: June 24, 2021
- Maturity date: June 24, 2023
- Record date: May 04, 2023
- Repurchase interest rate: 10.8%/year
- Repurchase volume: 7,500,000 bonds, equivalent to VND750,000,000,000 (at par value)
- Exercise ratio: 50% (2:1) (Those who own 02 bonds will be entitled to sell 01 bond).
- Payment date: May 24, 2023
- Number of days to be calculated interest for redeemable bonds: from and including December 24, 2022 to but excluding May 24, 2023 (151 days)
- Repurchase price: 104,468 dongs
- Registration time: from May 11, 2023 to May 15, 2023.