CII Plans to Offer 2 Trillion VND in Bonds for Debt Restructuring

Ho Chi Minh City Infrastructure Investments JSC (CII) has announced a public bond offering of 20 million bonds, code CII425001, with a par value of 100,000 VND per bond, totaling 2 trillion VND. Proceeds from the bond issuance will be used to restructure debt. The bonds are convertible to common shares, unsecured, and without warrants, with a 10-year term and combined fixed and floating interest rates. Distribution will be through VietinBank Securities from June 2, 2025, to July 9, 2025, with an expected issuance date of July 16, 2025. Additionally, CII issued 217,700 shares to convert 2,177 CII42013 bonds, increasing the total shares issued to 548,194,283. The Board of Directors also approved an increase in charter capital to nearly 5.482 trillion VND.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts