PDR: Board approves the plan for the fifth bond issuance of 2019

PDR: Board approves the plan for the fifth bond issuance of 2019

On July 10, 2019, the Board of Directors of Phat Dat Real Estate Development Corp approved the plan for the fifth bond issuance of 2019 as follows:

-          Issuer: Phat Dat Real Estate Development Corp

-          Bond type: non-convertible, secured bond, no warrants

-          Par value: VND100,000,000/bond

-          Issue volume: 2,200 bonds

-          Total issue value: VND220 billion

-          Bond term: 01 year from the issue date

-          Interest rate: 13.5%/year

-          Selling price: 100% par value. 

-          Interest payment period: once every three months

Issue time: in Quarter III.2019.

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