CRE: Planning the private placement of bond

The Board resolution dated December 10, 2020, the BOD of Century Land Joint Stock Company approved the plan to issue bonds in the private placement in 2020 with the following details:

-          Issuer: Century Land Joint Stock Company

-          Bond name: Century Land Joint Stock Company Bond

-          Bond code: CRE202001

-          Bond type: non-convertible bond, secured and without warrants

-          Bond form: book entry

-          Par value: VND 100,000/bond

-          Issue volume: 4,500,000 bonds

-          Total value of issue: VND 450,000,000,000

-          Issuance method: private placement

-          Issue price: VND 100,000/bond

-          Expected nominal interest:

• For the first year: 10.5%/year
• For the next years: no less than 10.5%/year.

-          Bond term: 03 years

-          Bond interest payment term: once every six months from the issue date.

-          Expected issue time: December 2020

-          Depository and payment agent: VNDIRECT Securities Corporation (VNDS)

-          Consulting and issuance agent: VNDIRECT Securities Corporation (VNDS).

HOSE

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