VCB Bonds to Go on Bourse

According to the Bank for Foreign Trade of Vietnam (Vietcombank), the capital-increasing bonds of this bank will be listed more than 13.7 million bonds with a denomination value of VND100,000 (US$6.25) on the Vietnamese bourse on July 28 with code of VCB_0105. Accordingly, the total listing face value is VND 1,374,605,500.000. Vietcombank will also provide the Prospectus for investors on July 28.

 

According to Vietcombank, the bondholder list will be closed at 9 am on July 24. Before this deadline, bondholders can complete transfer procedures and bondholders who deposit at securities companies shall contact with Vietcombank Securities Co. for the bond account transfer for transactions after listing. After July 24, the transfer of Vietcombank bonds will be carried out under the regulations of the Stock Market.

 

At present, the price of a VCB bond is nearly VND160,000 on the free market.
L.A