ACB mobilized nearly 13,000 billion VND in bonds in 7 months of 2024

Asia Commercial Joint Stock Bank (ACB) has just announced the results of the 3rd bond issuance, the first time in 2024. Accordingly, the bank successfully mobilized the ACBH2429003 bond lot in the domestic market.

The bond lot has a total face value of VND 2,270 billion, issued on June 28, 2024, with a term of 5 years, expected to mature on June 28, 2029. The final date for investors to pay is July 10, 2024. The issuance interest rate of the above bond code is 6.1%/year.

In 2024, in just 2 months, June and July, ACB issued a total of 4 bond lots with a total value of VND 12,670 billion.

Of which, the two bond lots ACBL2426001 and ACBL2426002 have the largest value of VND5,000 billion, issued consecutively on June 4-5, with a term of 2 years, expected to mature in 2026. The issuance interest rate of the two bond lots is 4.5%/year.

Information on bond lots issued by ACB in 2024.

In recent developments, ACB has successfully increased its charter capital to nearly VND44,700 billion through issuing shares to pay dividends.

Accordingly, ACB has issued more than 582.6 million shares to pay dividends with an exercise rate of 15% (equivalent to shareholders holding 100 current shares will receive 15 new shares).

Before the issuance, the total number of outstanding shares of ACB was nearly 3.9 billion shares, equivalent to a charter capital of VND 38,804.5 billion. After the issuance ended on June 3, 2024, the total number of shares of ACB increased to nearly 4.47 billion shares, equivalent to a charter capital of VND 44,667.

On June 13, ACB also paid a cash dividend at a rate of 10% (shareholders owning 1 share received 1,000 VND). With more than 3.8 billion shares in circulation, the amount that ACB expects to have to pay for dividends is 3,884 billion VND.

On the same day, Vietnam Joint Stock Commercial Bank for Investment and Development BIDV also announced the issuance of BIDLH2432019 bonds to the market with a total value of VND 1,000 billion, with an 8-year term, expected to mature on July 5, 2032. The bonds have a term of 5.88% per year.

Previously, the bank also successfully mobilized 100 billion VND of bonds coded BIDL243108. Similar to the above bond lot, BIDL243108 has an 8-year term, expected to mature in 2032 with an issuance interest rate of 5.88%/year.

Source: https://www.nguoiduatin.vn/acb-huy-dong-gan-13000-ty-dong-trai-phieu-trong-7-thang-2024-204240717112249687.htm