MSN: BOD approves to issue bond

On August 22, 2017, The BOD of MaSan Group Corporation approved to issue bond as follows:

1)    Bond type: non-convertible bond

2)    Total value of bonds expected to issue: VND3,000 billion (divided into many phases)

3)    Maximum interest rate: 10%/year.

4)    Par value: VND100,000.

5)    Issue price: 100% of par value

6)    Number of bonds expected to issue: 30,000,000 bonds

7)    Currency unit: VND

8)    Bond term: 24 months

9)    Issue date: expected in Quarter III or Quarter IV, 2017

10) Bond form: book-entry

11) Issue method: private placement.

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