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DPG: Approved the plan for private placement of bonds The Board resolutin dated October 22, 2021, the BOD of Dat Phuong Joint Stock Company approved to issue bonds in the private placement with details as follows:
- Issuer: Dat Phuong Joint Stock Company
- Bond type: non-convertible bond, unsecured and without warrant
- Issuance method: private placement
- Bond form: book entry
- Par value: VND100,000,000/bond
- Total value of issuance: VND300,000,000,000
- Issuance volume: 3,000 bonds
- Number of phases of issuance: 01
- Issuance time: expected in October 26, 2021
- Bond term: 36 months
- Issuance price: 100% par value
- Interest rate (estimated):
- For the first year interest: 10.5%
- For the next years: reference interest rate + range 3.5%/year. In particular, the reference interest rate is the average of the interest rates of personal savings (deferred interest payment) with a term of 12 months (or equivalent) in VND quoted by BIDV, Vietcombank, VietinBank and Agribank on the determination date.
- Interst payment term: Once every six months.
HOSE
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