IBSC: Board resolution on the first bond private placement of 2020

The Board of Directors of IB Securities Joint Stock Company (IBSC) on February 17 approved to issue corporate bonds via private placement (Phase 1.2020) as follows:

-          Bond type: non-convertible, secured corporate bond, no warrants

-          Issue method: private placement

-          Currency unit: VND

-          Bond form: book-entry

-          Par value: VND100,000,000/bond

-          Maximum issue par value: VND200,000,000,000.

-          Maximum issue volume: 2,000 bonds

-          Estimated issue price: 100% par value

-          Purpose of private placement: the proceeds from the bond issue will be used to raise the working capital.

-          Estimated bond term: 02 years

-          Estimated issue date: the first quarter of 2020

-          Maturity date: August – September 2017

-          Estimated interest rate: no more than 12%/year

-          Interest payment period: every 06 months.  

HOSE

>   PSI: Extension of the time of registration and payment for the second bond purchase (18/02/2020)

>   DGT: Information disclosure about result of the bond issuance under a private placement – correcting the Information Disclosure dated 10 Feb 2020 (18/02/2020)

>   MAS: Plan for the first bond issuance in 2020 (18/02/2020)

>   IDJ: Notice of the results of the bond acquisition Ibond_2019.01.10 and Ibond_2019.02.10 from February 5, 2020 to February 7, 2020 (18/02/2020)

>   HNX: Trading results of corporate bonds on 18/02/2020 (18/02/2020)

>   MSN: Notice of public offering of bonds (18/02/2020)

>   HTN: Result of the private placement of bonds (18/02/2020)

>   HTN: Board resolution on the result of the bond private placement (18/02/2020)

>   DGT: Information disclosure about result of the bond issuance under a private placement (17/02/2020)

>   HNX: Trading results of corporate bonds on 17/02/2020 (17/02/2020)