Novaland Pays Principal and Interest for 1,300 Billion VND Bond Lot

No Va Investment Real Estate Group JSC (Novaland, HoSE: NVL) has disbursed over 861.2 billion VND to pay principal and interest for the Novaland.Bond.2019 bond lot, comprising 649.9 billion VND principal and 211.3 billion VND interest, on August 11, 2025. This bond lot, issued on June 28, 2019, has a total value of 1,300 billion VND. Previously, Novaland adjusted the term of this bond from 4 years to 6 years, postponing maturity to June 28, 2025. Currently, the company has an unpaid principal and interest totaling 2,523.4 billion VND for 6 other bond lots due to liquidity issues. In the first half of 2025, they only timely paid interest on 2 bond lots. The extraordinary general meeting approved a plan to issue 151.85 million shares to swap for the entire outstanding debt of 13 bond codes, totaling approximately 6,074 billion VND. It is expected that the additional issuance of shares will improve Novaland’s financial situation.