KBC: Issue of Corporate Bond
KBC announces the issuance of Corporate Bond as follows:
- Issuer: Kinh Bac City Development Share Holding Corporation
- Name of bond: KBCbond001
- Bond type: bond guaranteed by Vietinbank
- Issue method: private placement
- Bond form: Book – entry
- Par value: VND 1,000,000/bond
- Number of bonds issued: 7,000,000 bonds
- Total value issued: VND700 billion
- Term: 5 years
- Interest payment method: Annual
- Coupon rate paid: 8%/year, fixed
- Coupon and principal payment method:
+ Coupon payment: Annually
+ Principal payment: Once at the par value when due
- Issued date: 08/05/2009
- Maturity date: 08/05/2014
- Subject of the issue: domestic and foreign institutions
- Purpose of the issue: To finance Que Vo Industrial Park Project and extend Phuc Ninh New Urban Quarter.
On the issue date, bonds were issued to less than 100 investors.
hastc
|