Headlines 04/12/2024 17:57 CH

Announcement of information before bond offering in Vietnam from December 25, 2024

Phước Độ

On November 6, 2024, the Minister of Finance promulgated Circular No. 76/2024/TT-BTC on guidelines on regulations on information announcement and regulations on reports on the private placement and trading of privately placed corporate bonds in the domestic market and offering of corporate bonds in the international market.

According to Article 7 of Circular No. 76/2024/TT-BTC , the announcement of information before the bond offering is as follows:

(1) Issuers shall announce information before the bond offering according to the following regulations:

- Announcement of information before bond offering:

+ The issuer shall carry out the information announcement according to regulations adopted in the issuing market and Decree No. 153/2020/ND-CP .

+ At least 1 working day before the issuance date of bonds in the international market, the issuer shall send the announced information before the bond offering to the Vietnam Exchange. The information to be announced before the offering shall comply with the guidelines of the Ministry of Finance of Vietnam.

+ The Vietnam Exchange shall receive information announced before offering as prescribed in Clause 1 Article 29 of Decree No. 153/2020/ND-CP for summary and reports on the issuance of corporate bonds in the international market according to Article 33 of Decree No. 153/2020/ND-CP . The Vietnam Exchange’s receipt of information announced by the issuer does not mean that it confirms and guarantees the issuer’s offering of bonds.

- The information announcement shall follow the form prescribed in Appendix I enclosed with Circular No. 76/2024/TT-BTC .

(2) Forms of information announcement before the bond offering shall comply with the following regulations:

The issuer shall announce the information in the form of e-documents to the Hanoi Stock Exchange on the corporate bond information webpage.

See more details in Circular No. 76/2024/TT-BTC , effective as of December 25, 2024.

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE

Above are the summary and notification of new documents for customers of THU VIEN PHAP LUAT. For more information, please send an email to [email protected].

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