BA NA CABLE CAR JOINT STOCK COMPANY UNVEILS DETAILED CORPORATE BOND ISSUE

BA NA CABLE CAR JOINT STOCK COMPANY UNVEILS DETAILED CORPORATE BOND ISSUE

Ba Na Cable Car Joint Stock Company has unveiled their corporate bond issue in details as follows:

+ Bond code: BNC052026

+ Total planned issue value: 600 billion VND in maximum

+ Scheduled issue date: no later than June 28, 2019

+ Bond tenor: maximum 84 months

+ Par value: VND100,000/bond

+ Issue mode: private placement in pursuit of Decree 163/2018/ND-CP dated December 4, 2018 by the Government on corporate bond issuance

+ Bond type: non-convertible, without covered warrants and asset backed

+ Bond yield: a mix between fixed rate and floating rate