KBC: Approved the redemption of bonds before maturity

On March 29, 2023, the BOD of Kinh Bac City Development Holding Corporation approved the plan for bond redemption before maturity with details as follow: -          Bond code: KBCH2124003 -          Par value: 100,000 dongs/bond -           Total value of issuance (at par value): 1,000,000,000,000 dongs -          Total value of outstanding (at par value): 1,000,000,000,000 dongs -          Term: 36 months -          Issue date: November 11, 2021 -          Maturity date: November 11, 2024 -          Repurchase time: March 31, 2023 -          Repurchase interest rate: 11.4%/year -          Actual interest date: from and including November 11, 2022 to but excluding March 31, 2023. -          Estimated repurchase volume: 10,000,000 bonds -          Total value (at par value): 1,000,000,000,000 dongs.