The State Securities Commission has approved the documents and plan for the private placement of 1,200 convertible bonds of Kinh Bac City Development Holding Corporation. Information on the private placement as follows:
– Bond name: Convertible bond KBC 2014
– Bond type: convertible, unsecured bond
– Par value: VND1,000,000,000/bond
– Offering price: equal to par value
– Total offering volume: 1,200 bonds
– Total offering value: VND1,200,000,000,000.
– Expected investors: professional
institutions and funds.
– Time of implementation: in December
2014.
