LPB: Result of public offering of bonds (Phase 1)
Lien Viet Post Joint Stock Commercial Bank reports the result of public offering of bonds as follows: I. Information on public offering Issuer: Lien Viet Post Joint Stock Commercial Bank Bond name: Lien Viet Post Joint Stock Commercial Bank Bond type: non-convertible, unsecured bond, no warrants Bond code: LPB7Y202201, LPB10Y202202 Par value: VND100,000/bond Issue volume: 19,500,000 bonds Of which: LPB7Y202201: 17,000,000 bonds LPB10Y202202: 2,500,000 bonds 7. Total issue value (at par value): VND1,950,000,000,000. LPB7Y202201: VND1,700,000,000,000 LPB10Y202202: VND250,000,000,000 8. Bond term: LPB7Y202201: 07 years from the issue date LPB10Y202202: 10 years from the issue date 9. Offering price: VND100,000/bond 10. Interest rate: LPB7Y202201: Interest rate = reference interest rate + range 2.8%/year LPB10Y202202: Interest rate = reference interest rate + range 3.1%/year - For the first interest period (from December 30, 2022 to but excluding December 30, 2023): LPB7Y202201: 10.20%/year LPB10Y20220: 10.50%/year. 11. Interest payment term: Once every 12 months12. Time for subscription and payment: from December 10, 2022 to December 30, 202213. Ending date of offering: December 30, 202214. Estimated transfer date: within 30 days from the issue date. II. Results Total distributed volume: 1,570,250 bonds (8.05% of the issue volume), of which: Total proceeds: VND157,025,000,000 Total fees: VND 550,000,000 Net proceeds: VND156,475,000,000.