Vietjet completes financial obligations for bond batch

March 13, 2025 | 08:00

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Vietjet has fulfilled its financial obligation for bond batch VJCH2124007 by spending VND3.13 trillion ($119.4 million) on principal and interest payments, thereby completing the repayment of the batch issued three years ago.

Vietjet completes financial obligations for bond batch

According to the Ha Noi Stock Exchange, Vietjet issued a bond batch with the code VJCH2124007 on December 29, 2021 with a 36-month term. By the due date of December 30, 2024, the total value of this bond issuance amounted to VND3 trillion ($114.5 million).

The fixed interest rate was 9.5 per cent per year for the first two interest periods. For the remaining periods, it was a maximum of 3.5 per cent per year plus the average 12-month deposit rate announced by Vietcombank, BIDV, VietinBank, and HDBank.

This bond issuance aimed to scale up Vietjet’s operating capital, enabling the carrier to invest in infrastructure, fixed assets, equipment, and operational tools. This is coupled with strengthening the airline’s core aviation transport capabilities and expanding related business activities.

This bond issuance was unsecured, and the bondholder was a domestic institution. The issuance was arranged by HDB Securities JSC.

On the stock market, as of the close of trading on March 12, VJC shares had edged down by 0.31 per cent to VND97,400 ($3.72).

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By Thanh Van

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