According to general information regarding the offerings, the total number of LPBank bonds offered is 50,000,000 bonds, with a face value of VND 100,000 per bond, to be offered in two tranches.
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Information regarding LPBank's bond offerings. |
Phase 1 comprises 25,000,000 bonds, with the following codes: LPB7Y202501 (9,000,000 bonds); LPB8Y202502 (15,000,000 bonds); LPB10Y202503 (1,000,000 bonds); the expected offering period is Q1/2026 – Q2/2026.
Phase 2 includes the following bonds: LPB7Y202504 (9,000,000 bonds); LPB8Y202505 (15,000,000 bonds); LPB10Y202506 (1,000,000 bonds); expected offering period: Q3/2026 – Q4/2026.
The second issuance can only be carried out after the first issuance has concluded; if the first issuance does not sell out the planned volume, the remaining volume will be carried over to the second issuance.
This is a non-convertible, unsecured, non-warrant bond, classified as subordinated debt, and meets the criteria to be included in the issuer's Tier 2 capital.
LPBank plans to use the proceeds from the bond offerings to supplement its capital mobilization, meet the needs for increasing working capital, increasing Tier 2 capital, ensuring compliance with the State Bank of Vietnam's safety ratios, and meeting the borrowing needs of its customers.
View details of the offering here.
Source: https://thoibaonganhang.vn/lpbank-chao-ban-50-trieu-trai-phieu-ra-cong-chung-176513.html
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