HCM succeeds in issuing 50b dong individual bonds
HCM City Securities Joint Stock Co (HCM) has recently announced successfully issuing 50 billion dong of individual bonds for a foreign institution.
The two-year bonds have the coupon rate of 17 percent per annum and the yield will be paid yearly.
The bonds will not be converted and listed on any market.
From February onwards, HCM may redeem these bonds at any time.
The total amount of capital from the bond issuance will be added to its working capita. – Vietbiz24
Tags: Vietnam banking industry, Vietnam bonds, Vietnam finance, Vietnam financial
Posted by VBN on May 10 2011. Filed under Banking-Finance. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry
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