LHT12403: Bond redemption before maturity
Viet Nam Securities Depository and Clearing Corporation (VSDC) would like to announce the record date as follows:
- Expected number of bonds to be redeemed: 185 bonds
- Execution rate:Number of bonds redeemed / Number of bonds held by investors: 185/1,400 (bondholders owning 1,400 bonds will have the right to resell 185 bonds).
- Redemption price per bond: VND 101,085,342.466/bond.
+ Interest earned from July 19, 2026 inclusive to August 26, 2026 exclusive, calculated using the formula: 100,000,000 VND x 10.425% / year x 38 (days) / 365 (days), rounded to 3 decimal places;
+ Principal of 1 bond: VND 100,000,000
+ The total amount of bond interest actually received by the bondholder will be rounded to the whole number (if the first decimal digit is equal to or greater than 5, the number is rounded up; if the first decimal digit is less than 5, the decimal part is removed).
- Redemption payment date: 26/8/2026
- Registration period for reselling bonds to the Issuer: From August 3, 2026 to August 11, 2026.
- Principle of Rounding and handling of fractional bonds: For fractional bonds (if any) arising from bondholders exercising their right to sell, to ensure that the number of bonds redeemed does not exceed the maximum offer quantity, the number of bonds that bondholders are allowed to sell will be rounded down to the whole number.
- In the event that, at the end of the subscription period, bondholders only subscribe to sell a portion of their bonds or do not subscribe at all, the issuer will only redeem the exact number of bonds that the bondholders subscribed to sell. Any bonds not subscribed to will lose their right to resell in this redemption. The number of bonds redeemed by the issuer will be determined based on the actual number of bonds that bondholders subscribed to sell. All bonds redeemed before maturity will be blocked and their subscriptions canceled.
- Example: Bondholder A owns 60 bonds and is entitled to resell 60 x 185/1400 = 7.929 bonds. According to the rounding principle, bondholder A is entitled to sell 7 bonds, but bondholder A only registered to sell 5 bonds. Therefore:
+ The issuer will redeem 5 bonds, and simultaneously block and cancel the 5 redeemed bonds.
+ The amount the issuer pays bondholder A for the redemption is VND 505,426,712.
- Payment place:
+ The holders whose securities have been deposited will make bond interest and principal procedure at the depository member where they opened depository account.
+ The holders whose securities have not been deposited will complete the procedures to receive the proceeds from the sale of the bonds at the Techcombank (on weekdays) from August 3, 2026 to August 11, 2026. ID cards have to presented.
Depository members (DMs) are requested to compare the securities holders’ information in the List generated and sent in the form of Certificate of Authorization by VSDC with the information managed by DMs then send Confirmation (Form 03/THQ) in the form of Certificate of Authorization on the accuracy of the list of shareholders (For DMs who have not completed the connection to VSDC’s terminal-based gateway/ISO-based gateway or where the connection has been disrupted, the Confirmation with Certificate of Authorization shall be sent to thongbaoxacnhan@vsd.vn).
In case of non-acceptance due to data errors or discrepancies, DMs are requested to send VSDC the details of errors or discrepancies in writing for necessary correction.
Deadline for sending confirmation: by 10.30 am, 30/7/2026.
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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