BID12240: Bond redemption before maturity
Viet Nam Securities Depository and Clearing Corporation (VSDC) would like to announce the record date as follows:
- Expected number of securities to be redeemed: 460 bonds, equal to the face value of 460,000,000,000 VND
- Execution rate: 100%
- Redemption price of each bond: 1,055,800,000 VND
+ Principal: 100,000,000 VND/bond and interest 55,800,000 VND/bond
+ Redemption price of each bond = 100% of face value + interest (from 08/6/2024 inclusive to 08/6/2025 exclusive)/bond.
Bond interest is calculated according to formula:
+ Bond interest of an interest payment period = the total of face value of bonds held on the record date x 5.58%/year
+ The actual total interest amount will be rounded to the whole number (if the first dp is equal to or greater than 5, the number is rounded up; if the first dp is less than 5, the fractional part is removed).
- There is not a deadline for registering to sell bonds back to issuers. The issuer will redeem bonds on the redemption date, bondholders are obligated to sell all bonds held to the Issuer. All redeemed bonds will be cancelled.
- Payment time: 09/6/2025 (08/6/2025 is not a working day)
- Payment place:
+ The holders whose securities have been deposited will make bond redemption procedure at the depository member where they opened depository account.
+ The holders whose securities have not been deposited will make bond redemption procedure at BIDV - Ha Thanh Branch on working days on working days from 09/6/2025.
Deadline for sending confirmation: by 10.30 am, 28/5/2025.
If DMs do not send confirmation document by the above deadline, VSDC will consider the list provided to DMs by VSDC accurate and confirmed. In case of arising disputes and losses to shareholders, DMs will have to bear all the related responsibilities.
DMs are requested to fully inform this notice to each investor who has deposited the above shares at DMs within 3 working days from the date on the notice.
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43,683|6,150
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6
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3,319
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810
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37
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9,686,077