Khai Hoan Land buys back 300 billion VND worth of pre-maturity bonds

Khai Hoan Land has just announced information about the plan to buy back 100% of the KHGH2123001 Bond package (stock code issued by VSDC: KHG12101) worth 300 billion VND before maturity.

Khai Hoan Land buys back 300 billion VND worth of pre-maturity bonds

Khai Hoan Land has just announced information about the plan to buy back 100% of the KHGH2123001 Bond package (stock code issued by VSDC: KHG12101) worth 300 billion VND before maturity.

Khai Hoan Land has just announced the purchase of a batch of bonds worth 300 billion VND ahead of schedule.

In the context of the real estate market just recovering, the pace of recovery is still relatively slow, the pressure to repay bond debt for businesses in the industry is still heavy when having to "brainstorm" to rotate capital flow appropriately. Timely repayment of bond debt on time is a big problem that many real estate businesses face.

However, the bond market still showed some positive signs when real estate companies with real estate assets completed the early buyback of stock packages, strengthening the confidence of a large number of customers.

A typical example is Khai Hoan Land. This Group has just announced the Resolution of the Board of Directors approving the Plan to buy back the KHGH2123001 bond package before maturity (stock code issued by VSDC: KHG12101).

It is known that this bond package was issued on October 5, 2021, with a maturity date of April 5, 2025, with non-convertible, non-warrant, and secured by assets. In this period, Khai Hoan Land will complete the early repurchase of 100% of the outstanding bonds with a total value of VND 300 billion.

According to the record, this Group will be determined and make every effort to balance financial resources and complete the purchase of other bond packages as soon as possible.

With over 20 years of experience in the real estate industry, Khai Hoan Land has demonstrated its position as a sustainable brand, trusted by many investors, partners, and customers. During the ups and downs of the market, Khai Hoan Land is also one of the few businesses that has maintained continuous operations and remained steadfast in the industry.

Khai Hoan Land's implementation of the plan to buy back bonds early also reflects the company's solid financial potential, stable organizational structure as well as its reputation in the market.

According to experts, there are many expectations for the real estate market in 2025 when a series of projects are gradually untied from legal "bottlenecks", creating conditions for continued construction, product handover and profit recovery. Thanks to that, businesses in the industry will have more opportunities to increase financial capacity, increase profits; and promote the bond market to flourish.

Source: https://baodautu.vn/khai-hoan-land-mua-lai-goi-trai-phieu-truoc-han-tri-gia-300-ty-dong-d247975.html