BIDV successfully issues over VND2,300 billion of medium and long-term bonds

RELEASED DATE
29 May 2020

From 22 to 26 May 2020, the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) has successfully issued VND2,311 of medium and long-term bonds as a private placement..

The bonds issued are listed below:

Issue date	Issue size (VND billion)	Term
22 May 2020	600	06-year, BIDV has the right to call the bonds after 1 year from the issue date.
25 May 2020	400	06-year, BIDV has the right to call the bonds after 1 year from the issue date.
26 May 2020	744	07-year, BIDV has the right to call the bonds after 2 years from the issue date.
26 May 2020	61	08-year, BIDV has the right to call the bonds after 3 years from the issue date.
26 May 2020	6	10-year, BIDV has the right to call the bonds after 5 years from the issue date.
26 May 2020	500	15-year, BIDV has the right to call the bonds after 10 years from the issue date.

The bonds are non-convertible, non-warranted, non-guaranteed, denominated in VND, establishing the direct debt repayment obligations, being subordinated debts of BIDV, and meeting the current regulations to be calculated in BIDV’s tier 2 capital.