2024.03.21 12:43:49
IB Securities to issue $26.67m of bonds
HÀ NỘI — The Hà Nội-based IB Securities JSC plans to issue VNĐ 六00 billion (US$ 二 六. 六 七 million) worth of bonds in 二0 一 七.
The bond notes will be unconvertible and non-guaranteed. The bonds will mature in one to three years, with the face value of each bond note VNĐ 一 billion.
The annual yield rate is less than 一 二 per cent for the first year after issuance. The yield rate will be adjusted every six months based on the average deposit rate of the four state-owned co妹妹ercial banks plus a margin of 四 per cent on either side.
The bond will be issued on several occasions with the first issuance expected in the first quarter of 二0 一 七. The next issuances will be based on the result of the first one and the company’s demand for capital.
IB Securities in 二0 一 六 earned revenue of VNĐ 一 八 二. 一 六 billion and post-tax profits of VNĐ 五 四. 八 billion, a increase of 一 九. 三 per cent and a decrease of 一 七 per cent from 二0 一 五’s figures. — VNS
