Novaland’s Subsidiary Extends Bond Maturity by 2 Years

No Va Real Estate Investment Corporation has extended the maturity of bond NVJCH2025001 from 60 months to 84 months after bondholders’ approval. This bond, issued on June 23, 2020, has a total value of 657 billion VND and was initially set to mature on June 23, 2025. Over the years, the company has bought back part of this bond worth 634 billion VND, leaving 23 billion VND remaining. By June 23, 2025, the company delayed the payment of interest and principal by more than 585.5 million VND and 23 billion VND due to ongoing negotiations for an extension. In addition to NVJCH2025001, No Va Real Estate Investment Corporation has 4 other bond issues currently outstanding, with total issuance values reaching hundreds of billions of VND. The company is 99.97% owned by Novaland.

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