Listing of Corporate Bonds
Based on Article 118 of Decree 155/2020/ND-CP regulating the listing of corporate bonds as follows:
- Corporate bonds listed on the Stock Exchange are bonds that have been publicly offered.
- The dossier for registration of bond listing includes:
+ Application for bond listing registration according to Form No. 28 in the Appendix issued with this Decree;
+ Register of bondholders of the organization applying for listing registration created within 01 month before the time of submission of the listing registration dossier;
+ Commitment to fulfill obligations of the organization applying for listing registration towards investors, including payment conditions, debt-to-equity ratio, conversion conditions (in case of convertible bond listing), and other conditions;
+ Bond listing advisory contract between the issuing organization and the securities company, except in cases where the issuing organization is a securities company;
+ Certificate from the Vietnam Securities Depository and Clearing Corporation regarding the bonds of the organization applying for listing registration having been centrally registered.
- Procedures for registering the listing of corporate bonds:
+ Within 30 days from the date of receipt of a complete and valid listing registration dossier, the Stock Exchange shall issue a decision approving the listing;
+ Within 90 days from the date of listing approval, the organization applying for listing registration must bring the bonds into trading.
Sincerely!
