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Kinh Bac Group Successfully Issued 200 Billion VND (VND) Bonds

Kinh Bac Urban Development Corporation - JSC ("KBC") is one of the leading enterprises in the field of industrial park real estate.

Established on March 27, 2002, KBC officially came into operation in April 2003 with the original function of investing, constructing and trading Infrastructure in Urban - Commercial - Industrial Zone. - Multifunctional services

So far, KBC has achieved many successes in building industrial zones, attracting billions of USD of foreign investment in disadvantaged localities, especially attracting high-tech investment from large corporations. world famous such as: Canon, Foxconn, MITAC, Panasonic, Sanyo, Wintek, UMEC, Tenma, Mitsui, VS, Sentec, Toyo Ink, Yamato Industries, ...

 

Kinh Bac Urban Development Corporation - JSC ("KBC") is one of the leading enterprises in the field of industrial park real estate.

Established on March 27, 2002, KBC officially came into operation in April 2003 with the original function of investing, constructing and trading Infrastructure in Urban - Commercial - Industrial Zone. - Multifunctional services

So far, KBC has achieved many successes in building industrial zones, attracting billions of USD of foreign investment in disadvantaged localities, especially attracting high-tech investment from large corporations. world famous such as: Canon, Foxconn, MITAC, Panasonic, Sanyo, Wintek, UMEC, Tenma, Mitsui, VS, Sentec, Toyo Ink, Yamato Industries, ...

KBC has a large land bank, amounting to 5,188ha, accounting for nearly 5.5% of the industrial land area of ​​the country and more than 1,058.6ha of urban area stretching from the North to the South. KBC has a large land bank, amounting to 5,188ha, accounting for nearly 5.5% of the industrial land area of ​​the country and more than 1,058.6ha of urban area stretching from the North to the South. This land bank allows KBC to develop new projects in the long term, maintain the momentum of further growth in the future.

On August 16, 2019, in order to increase the scale of working capital and invest in business development projects and programs, Kinh Bac Urban Development Corporation - JSC has successfully issued and distributed VND 200 billion. VND) KBCBOND2019-03 bond with attractive interest rate of 10.5% (*), 18-month term, with security assets and high liquidity for institutional investors (accounting for 33.48% billion (held by bonds) and individual investors (66.53% of the bonds). SAFEINVEST is pleased to be one of the organizations selected to support and contribute to the success of the above KBC Bond issuance and distribution proces

Believing that this raised capital will contribute to KBC's achievement of its business development goals in the future.