The Board resolution dated May 11, 2023, the BOD of Thuan Duc Joint Stock Company approved the plan to issue bonds in the public offering with details as follows:
- Issuer: Thuan Duc Joint Stock Company
- Bond name: TDPH2326001
- Bond type: non-convertible bond, without warrant
- Total value of issuance (estimated): VND300,000,000,000
- Estimated issuance volume: 3,000,000 bonds
- Bond term: 36 months
- Par value: VND100,000/bond
- Bond form: book entry
- Offering price: 100% par value
- Estimated issuance time: Quarter 3/2023 or Quarter 4/2023
- Maturity date: the ending date of bond term
- Interest rate:
- For the first four interest periods: 11.2%/year
- For next interest periods: sum of 3.8%/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 (or equivalent) in VND quoted by BIDV, Vietcombank, VietinBank and Agribank on the determination date.
- Interest payment term: Once every three months.