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On June 17, 2020, the Board of Directors of Phat Dat Real Estate Development Corp approved the plan for the second bond issue of 2020 as follows:
- Issuer: Phat Dat Real Estate Development Corp
- Bond type: non-convertible, secured bond, no warrants
- Par value: VND100,000,000/bond
- Issue volume: 3,000 bonds
- Total issue value: VND300,000,000,000
- Currency unit: VND
- Bond term: 01 year from the issue date
- Interest rate: 13%/year (365 days)
- Selling price: 100% par value
- Interest payment period: once every three months
- Issue time: in Quarter 3 of 2020.
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