CTG: Board approves the second bond private offering of 2020

On June 10, 2020, the Board of Directors of Viet Nam Joint Stock Commercial Bank for Industry and Trade approved the plan for the second 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 – the second private offering of 2020

-          Bond code: CTG2028T2/RL02

-          Type of bond: non-convertible, unsecured bond

-          Bond term: 08 years

-          Total issue value: VND500 billion

-          Currency unit: VND

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

-          Issue price: 100% par value

-          Issue date: in June – July 2020

-          Maturity date: the ending date of 08 years from the issue date

-          Redemption date: the ending date of 03 years from the issue date

-          Interest rate: floating rate

-          Issue method: private placement

-          Bond form: book-entry

-          Interest payment period: annually.  

HOSE

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