Hoa Phat group reports bond issue results

VNStockNews.com - Hoa Phat Group Joint Stock Co. (coded HPG) reported raising 1.12 trillion dong successfully from selling 1.12 million convertible bonds at one million dong par. The 1-year bonds were issued on November 30 and will fall mature on November 30, 2011.

According to the reported results, foreign investors purchased 220 billion dong of bonds, accounting for 19.64 percent of total value of operational HPG bonds while local individuals won 242.32 billion dong or 21.64 percent, domestic institutional investors took 657.68 billion dong or 58.72 percent.

The bonds were offered between December 18 and 30.