VCI: Resolution on the 4th bond issuance

Viet Capital Securities Joint Stock Company announces Board Resolution No.23 dated October 23, 2017 as follows:

The Board of Directors approved the fourth bond issuance of 2017, worth VND500 billion.

1)    Bond type: non-convertible bond

2)    Total value of bonds expected to issue: VND500 billion (divided into many phases)

3)    Interest rate: to be decided by the Directorate, and the maximum interest rate will not higher than the average rate of mid-term deposit rates at BIDV, Vietinbank and plus 4.5%.

4)    Par value: VND10,000,000.

5)    Issue price: equal to the par value

6)    Number of bonds expected to issue: 50,000 bonds

7)    Currency unit: VND

8)    Bond term: 24 months

9)    Bond form: book-entry

10) Issue method: private placement.  

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