Saigon - Hanoi Securities amends bond issuance plan for debt restructuring
Saigon - Hanoi Securities Joint Stock Company (SHS) announced on December 2, 2025, that its board of directors issued a resolution to amend the private placement plan for SHS bonds, second issuance for 2025. This resolution modifies details regarding the bond issuance, including its purpose and the plan for using the capital raised.
The revised plan outlines that the proceeds from the bond issuance, totaling VND1,800bn, will be used to restructure the issuer's debt by repaying 27 existing loans from various banks and financial institutions. These loans range from VND50bn to VND400bn, with maturity dates extending from October 16, 2025, to February 9, 2026. The total value of the loans to be restructured amounts to VND5,552bn.
The resolution also grants the general director authority to decide on specific terms related to early bond repurchases, including timing, volume, repurchase price, and associated costs, based on market conditions. This authority is delegated within the scope of work previously assigned by a prior resolution.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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