CTI: Result of bond issuance

Cuongthuan Idico Development Investment Corporation announces the result of private placement of bonds as follows:

1. Result of private placement:

-       Issuer: Cuongthuan Idico Development Investment Corporation

-       Bond type: non-convertible, secured bond

-       Par value: VND100,000,000

-       Bond form: book-entry

-       Issue volume: 800 bonds

-       Total issue value: VND80 billion

-       Bond term: 02 years

-       Interest rate: 10%/year for the first year. From the second year, CTI will apply a floating interest rate with the adjustment every six months and defined by the reference interest rate plus 3.3%/year.

-     The reference interest rate means the average of individual saving interest rates in VND, deferred payment, term of 12 months, quoted by 04 commercial banks: BIDV, Vietinbank, Vietcombank and Agribank on the interest determination date.

-       Interest payment period: every 06 months

-       Issue date: April 24, 2019

2. The companies participating in the private placement:

-       Consulting and agent for issue: SSI Securities Corporation

-       Agent for registration, depository, payment and transfer management: Vietcombank Securities Company Ltd.

-       Agent for collateral management: Vietcombank Securities Company Ltd. – Dong Nai Branch.

3. List of bondholders:

-       Vietcombank Securities Company Ltd.: VND80 billion of bonds (100% of the issue volume)

HOSE

>   State Treasury to mobilise VND80 trillion of G-bonds in Q2 (03/05/2019)

>   KDH: Board approves to buy back bonds prior to maturity (24/04/2019)

>   TMS: Board resolution on bond conversion (24/04/2019)

>   VIC: Periodic report on bond interest & principal payment (24/04/2019)

>   KBC11806: Notice of record date for bond interest payment (23/04/2019)

>   MBS: Notice of issuing 200 billion unconvertible bonds for Quarter II 2019 (22/04/2019)

>   HNX: Masan Resources Corporation applies for bond listing (19/04/2019)

>   PTC: Report on bond repurchase prior to maturity (19/04/2019)

>   TVB: Resolution on the private placement of bonds (19/04/2019)

>   State Treasury raises more than $90m via G-bonds (19/04/2019)