IBSC: IBSC to issue VND50-billion bonds The Board of Directors of IB Securities Joint Stock Company (IBSC) on August 15 approved to issue corporate bonds via private placement (Phase 2.2016):
- Bond type: corporate bond, non-convertible, unsecured
- Par value: VND1,000,000/bond
- Issue volume: 50,000 bonds
- Issue value (based on par value): VND50,000,000,000.
- Issue price: 100% par value
- Bond term: 01 year
- Estimated issue date: August – September 2016
- Maturity date: August – September 2017
- Bond interest rate: 10%/year
- Period of interest payment: every 06 months HOSE
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