Hong Ha Petroleum Joint Stock Co (coded PHH) announced to issue 100 corporate bonds at par value of 1 billion dong with total bond value of 100 billion dong.
The two-year bonds will be offered under code of PVC-HONGHA0110 with date of issue of March 11, 2010 and coupon rate of 15 percent per year.
The coupon will be paid twice a year in every six months with the first coupon payment date of September 11, 2010.
The principal would be paid once at maturity date. These bonds are inconvertible and to be offered for corporate investors only.
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