KDH: Result of the first phase of private placement of corporate bonds

Khang Dien House Trading and Investment Joint Stock Company has reported the result of the first phase of private placement of corporate bonds as follows:

-          Bond name: Bond of Khang Dien House Trading and Investment Joint Stock Company

-          Issue date: August 11, 2016

-          Issue volume: 452 bonds

-          Par value: VND1,000,000,000/bond

-          Bond type: non-convertible, secured bond

-          Bond term: 04 years

-          Interest rate: 9.5%/year for the first year. And after that, the floating rate will be applied. This rate will be adjusted for every three months; and defined by the individual saving interest rate in VND, 12-month term, deferred payment, of Vietinbank – Ha Noi Branch on the determination date, plus 4%/year and plus the cost of raising additional capital.

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