Tuesday, 11/01/2011 19:33

STL: Result of the 2nd private placement 2010 of corporate bonds

Song Da - Thang Long Joint Stock Company (HNX: STL) announces the result of the second private placement 2010 of corporate bonds as follows:

- Issuer: Song Da - Thang Long Joint Stock Company

- Name of bond: STL

- Bond type: Corporate bond (Inconvertible), with mortage assets.

- Par value: VND 10,000,000/bond

- Issued price: VND 10,000,000/bond

- Total value issued: VND 500 billion

- Term: 3 years

- Bond form: Book – entry

- Interest:

+ First term: Fixed rate

+ Following terms: Float. Interest (Reference rate plus amplitude)

+ A term: 6 months/term

- Mortgage assets: Land Use Rights and future properity-attached assets

- Issue method: Private placement

- Plan of using the proceeds: Perform projects.

hnx

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