PSI: BOD approved the second bond issuance plan for 2020

On August 11, 2020, the BOD of Petro Vietnam Securities Incorporated approved to plan the second bond issuance for 2020 as follows:

-          Issuer: Petro Vietnam Securities Incorporated

-          Issuance volume: 2,000 bonds

-          Total value of issue: VND 200,000,000,000

-          Bond term: 12 months

-          Bond code: PSIL2021002

-          Par value: VND 10,000,000/bond

-          Bond type: Corporate & non-convertible bond, unsecured

-          Bond form: book entry

-          Expected nominal interest: 9.0%/year

-          Interest payment term: Once every three months

-          Issue date: expected in August 26, 2020

-          Maturity date: expected in August 26, 2021

-          These bonds will be restricted in 01 year from the finish date of the issuance.

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