CTI: CTI to issue VND150 billion bonds

The Board of Directors of Cuongthuan Idico Development Investment Corporation approved the plan for private placement of bonds as follows:

-          Bond code: CTIB2124_001

-          Bond term: 36 months

-          Total issue volume: 150 bonds

-          Total issue value: 150,000,000,000 dongs

-          Par value: 1,000,000,000 dongs/bond

-          Offering price: 100% par value

-           issue method: private placement

-          Bond form: book-entry

-           Bond type: non-convertible, unsecured bond, without warratns

-          Interest rate:

• 04 first interest payment periods: 10.2%/year
• 02 final intereste payment periods: 10.6%/year

-          Expected issue date: in Quarter 2 of 2021

HOSE

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