STG: Board resolution on bond issuance According to the board resolution dated March 31, 2016, the Board of Directors of South Logistics Joint Stock Company approved a private placement of corporate bonds as follows:
- Issuer: South Logistics Joint Stock Company
- Bond type: corporate bond, non-convertible, secured bond
- Issue method: private placement
- Currency unit: VND
- Bond form: book-entry
- Par value: VND1,000,000,000/bond
- Total issue volume: maximum: 200 bonds
- Issue price: 100% par value
- Purpose of issuance: to raise funds and to restructure the Company’s debts
- Bond term: from 03 years to 05 years
- Estimated issue date: April 2016
- Estimated maturity date: April 2019
- Bond interest: based on market rate at the offering time.
- Consulting firm: IB Securities Joint Stock Company. HOSE
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