Friday, 01/02/2019 16:29

THI: BOD resolution on the plan for private placement of bonds

On January 30, 2019, the Board of Directors of Electrical Equipment Joint Stock Company approved the plan for private placement of bonds as follows:

-       Stock name: Electrical Equipment Joint Stock Company

-       Bond term: 03 years

-       Par value: VND100,000,000/bond

-       Issue volume: 5,500 bonds

-       Total value (based on par value): VND550,000,000,000

-       Interest rate:

+ Interest rate for first 3 months from the issue date: 10.5%/year

+ Interest rate for next periods: reference interest + 3.5%/year

-       Interest payment period: once every 06 months

-       Interest adjustment period: once every 03 months

-       Issue date: expected in Q1.2019

-       Issue date: expected about 03 years from the issue date

-       Consulting company: IB Securities Joint Stock Company

-       Bank for blocking depository money: Tien Phong Commercial Joint Stock Bank

-       Issue method: private placement.

HOSE

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