HDB: Plan for convertible bond private placement to International Market

The Board resolution dated December 15, 2022, the BOD of Ho Chi Minh City Development Joint Stock Commercial Bank approved the plan to issue the convertible bond in the private placement to International Market with details as follows:

-          Bond name: HDBank international convertible bonds

-          Issue currency: USD

-          Bond type: convertible bond, unsecured and without warrant

-          Bond form: book entry

-          Par value: USD100,000/bond

-          Issue price: 100% par value

-          Expected issue volume: maximum 5,000 bonds

-          Total value of issue (at par value): USD500,000,000

-          Issue market: international market

-          Bond term: 05 years 01 day

-          Convertible price: the convertible price at the time of conversion is not lower than the Bank's book value per share

-          Time of implementation: expected in 2023 and 2024.

-          Issue method: private placement.

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