VNT issues convertible bonds to SCIC

VNT Logistics JSC issued 720,000 two-year convertible bonds to Japanese Mitsui Wharf and State Capital Investment Corporation (SCIC) on Monday.

Among the total bonds worth VND100,000 (US$4.5) each, the Japanese logistics company took 420,000 and SCIC took 300,000. At the date of maturity, one bond will be converted to 4.08 shares.

VNT reported a revenue of VND779 billion, an increase of 11 per cent from 2014.

On March 30, VNT shares ended at VND34,000 each on the Ha Noi Stock Exchange.

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