KBC: Result of Issued of Corporate bond
KBC announces the result of Issued of Corporate bond as follows:
- Issuer: Kinh Bac City Development Share Holding Corporation
- Name of bond: KBCbond003
- Bond type: corporate bond (inconvertible)
- Issue method: private placement
- Bond form: book – entry
- Par value: VND 100,000/bond
- Number of bonds issued: 2,000,000 bonds
- Total value issued: VND200 billion
- Term: 5 years
- Interest payment method: Annual
- Coupon rate paid: 12.5%/year, fixed
- Coupon and principal payment method:
+ Coupon payment: Annually, end of period
+ Principal payment: Once at the par value when due
- Issued date: 01/09/2009
- Maturity date: 01/09/2014
- Subject of the issue: financial institutions, banks, securities companies, Investment Fund…
- Purpose of the issue: to supplement the Company’s working capital, increase the Company’s financial capacity.
On the issue date, bonds were issued to less than 100 investors. For more information, visit http://www.kinhbaccity.com
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