Limited Liability Company shall not be authorized to issue bonds
Based on Clause 2, Article 18 of Decree 163/2018/ND-CP stipulates as follows:
- For convertible bonds or bonds with warrants:
a) The issuing enterprise is a joint-stock company that meets the issuance conditions stipulated in Clause 1 of this Article;
b) Complies with regulations on the ownership ratio of foreign investors according to current law;
c) The issuance of convertible bonds must be at least six months apart.
Thus, it can be seen that a limited liability company (LLC) is not allowed to issue convertible bonds.
Respectfully!
Is Registration Required for Public Offering of Shares?
Deadline for Disclosure of Unusual Information by Enterprises in Bond Issuance
Deadline for Periodic Disclosure of Information Regarding Bond Issuance to Investors
Periodic Information Disclosure on Domestic Bond Issuance
Offering Securities Under a Court Judgment: Is Registration Required?
Which Types of Securities Can a Partnership Company Issue?
Responsibility of Bond Issuing Enterprises
Report Content Required from the Stock Exchange Regarding the Situation of Corporate Bond Issuance
Responsibilities of the Stock Exchange in the Issuance of Corporate Bonds
Vietnam: Report form on derivative trading
