CTG: Board approves the first bond private offering of 2020

On April 27, 2020, the Board of Directors of Viet Nam Joint Stock Commercial Bank for Industry and Trade approved the plan for the first bond private offering of 2020 as follows:

-       Issuer: Viet Nam Joint Stock Commercial Bank For Industry And Trade (VietinBank)

-       Bond name: Bond of Viet Nam Joint Stock Commercial Bank For Industry And Trade – Issue 1 of 2020

-       Bond code: CTG2035T2/RL01

-       Type of bond: non-convertible, unsecured bond

-       Bond term: 15 years

-       Total issue value: VND50 billion

-       Currency unit: VND

-       Par value: VND1,000,000,000/bond

-       Issue price: 100% par value

-       Number of issue tranches: 02 tranches

-       Issue date: in May 2020

-       Interest rate: floating rate

-       Issue method: private placement

-       Bond form: book-entry

-       Interest payment period: annually.  

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