IPA Investment Group plans 2025 bond issuance to boost investment

IPA Investment Group Joint Stock Company (HNX:IPA) has announced its plan for a private placement bond issuance in 2025, as approved by the board of directors' resolution on November 14, 2025. The company plans to issue up to 14,160 bonds, each with a par value of VND100,000,000, totaling VND1,416,000,000,000. These non-convertible, unsecured bonds will have a 5-year term and a fixed interest rate of 9.5% per annum, with interest paid annually. Proceeds will be used to acquire shares from IPAF to increase its controlling stake in companies operating in finance, insurance, banking, and securities.

The company's financial statements for 2024, audited by UHY, show a healthy financial position with total equity of VND2,189.73 bn and total liabilities of VND3,581.21 bn. The debt-to-equity ratio is 1.64. IPA anticipates an after-tax profit of VND22.37 bn in 2025. The company will use its legal income to repay the principal and interest of the bonds.

In 2025, IPA Investment Group JSC received a decision from the State Securities Commission, imposing fines of VND60,000,000 and VND65,000,000 for untimely and incomplete information disclosure related to bond issuance. The company confirmed that all fines have been paid and violations rectified.