General Announcement::Notice of Exchange and Redemption

Issuer & Securities

Issuer/ Manager
VINPEARL JOINT STOCK COMPANY
Securities
VINPEARL US$325M3.5%EB230614 - XS1836357357 - 9ESB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
07-Jun-2021 22:30:13
Status
New
Announcement Sub Title
Notice of Exchange and Redemption
Announcement Reference
SG210607OTHRP4A2
Submitted By (Co./ Ind. Name)
Latham & Watkins LLP
Designation
Latham & Watkins LLP
Description (Please provide a detailed description of the event in the box below)
Vinpearl Joint Stock Company (the "Company") wishes to announce that in respect of its aggregate principal amount of USD450,000,000 guaranteed exchangeable bonds due 14 June 2023 (the "Bonds"), of which USD240,600,000 in aggregate principal amount of the Bonds remained outstanding following certain redemptions on 14 June 2020, it has received notices from bondholders to exchange USD238,200,000 in aggregate principal amount of Bonds (representing approximately 52.9 per cent. of the total aggregate principal amount of the Bonds) into shares of Vingroup Joint Stock Company pursuant to Condition 6 of the terms and conditions of such Bonds.

Following such redemption, USD2,400,000 in aggregate principal amount of the Bonds will remain outstanding. Such Bonds will be redeemed on 15 June 2021 pursuant to Condition 8(c)(i) of the terms and conditions of the Bonds.

Attachments

Vinpearl JSC - Notice of Exchange and Redemption.pdf
Total size =111K