Tuesday, 21/12/2010 17:51

SBS: SBS to issue new enterprise bonds

Sacombank Securities Joint Stock Company (HOSE: SBS) announced the result of a private placement of bonds and a decision of the Board of Directors on a new offering of bonds:

1. Result of a private placement of bonds

Investor

Offering price (VND/bond)

Offering volume

Distributed volume

Number of investors

Distributed investors

Undistributed investors

Remaining ratio (%)

Distributed ratio

Bank

1,000,000

300,000

300,000

01

01

0

0

100%

Total distributed bonds: 300,000 bonds (100% of issued bonds)

- Issue date: December 13, 2010

- Due date: December 13, 2011

- Total proceeds from the bond offering: VND300 billion.

2. Decision on a new offering of enterprise bonds:

On December 13, 2010, the Board of Directors unanimously issued bonds of Sacombank Securities Joint Stock Company:

- Issue volume: VND300 billion

- Method: in book

- Interest: 14.5%/year

- Term: 1 year.

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