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OCB: Plan for bond private placement

23/06/2023
The Board resolution dated June 22, 2023, the BOD of Orient Commercial Joint Stock Bank approved the plan for bond private placement with details as follows: -          Issuer: Orient Commercial Joint Stock Bank -          Bond type: non-convertible bond, secured and without warrant -          Par value: VND1,000,000,000,000/bond -          Issuance volume: 26,000 bonds -          Total value of issuance (at par value): VND26,000,000,000,000 -          Term: 01 year -          Bond form: book entry -          Purpose: the proceeds from the issuance will be used to lend, invest or use for the other purposes in accordance with the law. -          Number of issue phases: 15 batches, including: Estimated batch Estimated volume (bond) Estimated value (billion dongs) Estimated time Plan for using capital 1 1,500 1,500   Quarter 2/2023     The proceeds from the issuance will be used for the above purposes. 2 1,500 1,500 3 2,000 2,000       Quarter 3/2023 4 2,000 2,000 5 2,000 2,000 6 2,000 2,000 7 2,000 2,000 8 2,000 2,000 9 2,000 2,000     Quarter 3/2023 Quarter 3/2023 10 2,000 2,000 11 2,000 2,000 12 2,000 2,000 13 1,000 1,000 14 1,000 1,000 15 1,000 1,000
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