CTF: Plan for bond private placement in 2022 The Board resolution dated October 28, 2022, the BOD of City Auto Corporation approved the plan to issue bonds in 2022 with details as follows:
- Issuer: City Auto Corporation
- Issuance volume: 1,000 bonds; Of which:
+ Phase 1: 500 bonds
+ Phase 2: 500 bonds
- Total value of issuance: VND100,000,000,000; Of which:
+ Phase 1: VND50,000,000,000
+ Phase 2: VND50,000,000,000
- Issuance purpose: to restructure debt of the issuer
- Bond term: 18 months
- Par value: VND100,000,000/bond
- Bond code (phase 1): CTFH2224001
- Issuance price: 100% par value
- Bond form: book entry
- Estimated interest rate: 11%/year
- Interest payment term: Once every three months
- Estimated issuance date:
+ Phase 1: expected in November 03, 2022
+Phase 2: less than 05 months from the issuance date of the issuance.
- Consulting and issuance agent: Viet First Securities Joint Stock Company (VFS). HOSE
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