DXG: BOD approves the plan for bond issuance The Board resolution dated June 17, 2019, Dat Xanh Group Joint Stock Company approved the plan for bond issuance as follows:
- Issuer: Dat Xanh Group Joint Stock Company
- Bond type: non-convertible and secured
- Issue method: private placement
- Par value: 1,000,000,000 dongs/bond
- Total value: VND400,000,000,000
- Expected issue volume: 400 bonds
- Time of implementation: expected in Q2.2019 or Q4.2019
- Term: 24 months
- Expected interest rate: 12%/year
- Issue price: 100% par value
- Interest payment: once every six months.
- Issue agent: Sai Gon Securities Incorporation. HOSE
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