VND 450 bn of Khang Dien bonds were acquired by Dragon Capital

17/06/2021

 Khang Dien House Trading and Investment Joint Stock Company (HoSE: KDH) announced to issue VND 450 billion of bonds to Vietnam Debt Fund SPC mutual fund under Dragon Capital's management.

This is inconvertible bond, has no collateral, and has a 2-year term with an interest rate of 12% per year, paid semiannually. Under the debt repayment plan, 50% of bond principal is paid at the end of the first year and the remaining 50% is paid on the maturity date.

Bonds were issued on 21/5, maturing on 21/5/2021.