Vietjet Aviation Joint Stock Company has announced plans to redeem the VJCH2429002 bond worth 1 trillion VND on October 23, 2025, just over a year after its issuance. This bond was issued on September 30, 2024, comprising 10,000 bonds with a par value of 100 million VND each, with no collateral and an interest rate of 11% per annum for the first four periods. Vietjet will use proceeds from the VJC12503 bond issuance, expected in September 2025, to facilitate the redemption. Additionally, Vietjet’s Board of Directors has approved adjustments to the plan for issuing another 3 trillion VND in bonds in 2025, modifying the purpose of fund utilization for the different issuance rounds, indicating that fund usage will start from June and October 2025.
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