HDC: Board approves to issue corporate bonds

On July 27, 2020, the Board of Directors of Ba Ria – Vung Tau House Development Joint Stock Company approved a plan for private placement of bonds as follows:

-          Issuer: Ba Ria – Vung Tau House Development Joint Stock Company

-          Bond code: HDC_BOND2020

-          Bond type: corporate non-convertible unsecured bond, without warrants

-          Issue method: private placement

-          Currency unit: VND

-          Bond form: book-entry

-          Par value: 1,000,000,000 dongs/bond

-          Issue price: 100%/bond

-          Maximum issue volume: 300 bonds

-          Maximum issue value: 300,000,000,000 dongs

-          Bond term: 15 months

-          Estimated interest rate: 10.5%/year

-          Issue date: in Quarter III of 2020.

HOSE

>   BCG: Board resolution on bond conversion (31/07/2020)

>   DPG: Periodic report on bond interest & principal payment (31/07/2020)

>   HNX: Trading results of corporate bonds on 31/07/2020 (31/07/2020)

>   ACBS: Result of the first private placement of bonds in 2020 (31/07/2020)

>   TPS: Board approves to issue VND500 billion bonds (31/07/2020)

>   GEG: Periodic report on bond interest & principal payment (30/07/2020)

>   HDG: BOD approved to issue VND 150 billion bonds (30/07/2020)

>   THI: Periodic report on bond interest & principal payment (30/07/2020)

>   TDC: BOD resolution on planning VND 100 billion bonds repurchase (30/07/2020)

>   HNX: Trading results of corporate bonds on 30/07/2020 (30/07/2020)