PDR: Board resolution on the third bond issue of 2020

On June 24, 2020, the Board of Directors of Phat Dat Real Estate Development Corp approved the plan for the third 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: 1,100 bonds

-          Total issue value: VND110,000,000,000

-          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: July 2020. 

HOSE

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