Vietcombank Securities to issue 200 billion VND bonds
The Vietcombank Securities Company Limited (VCBS) will issue 200,000
bonds worth up to 200 billion VND (9.5 million USD) to raise its working
capital on October 28.
The Vietcombank Securities Company Limited (VCBS) will issue 200,000
bonds worth up to 200 billion VND (9.5 million USD) to raise its working
capital on October 28.
This is the first securities company announcing separate bond issuance.
The 1-million-VND bond will be issued under the book-entry form and offered to less than 99 investors. It has an annual yield of 8.5 percent and is paid every six months.
In the first nine months of 2014, the company’s after-tax profits reached 94 billion VND (4.5 million USD), 3.2 times higher than that of the same period last year.
The VCBS gained nearly 106 billion VND (5 million USD) in turnover and almost 41 billion VND (1.9 million USD) in profits the third quarter of this year.-VNA
This is the first securities company announcing separate bond issuance.
The 1-million-VND bond will be issued under the book-entry form and offered to less than 99 investors. It has an annual yield of 8.5 percent and is paid every six months.
In the first nine months of 2014, the company’s after-tax profits reached 94 billion VND (4.5 million USD), 3.2 times higher than that of the same period last year.
The VCBS gained nearly 106 billion VND (5 million USD) in turnover and almost 41 billion VND (1.9 million USD) in profits the third quarter of this year.-VNA
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