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New regulations on private placement and trading of privately placed corporate bonds in domestic market

Nguyen Thi Thanh Mai - 10/05/2023

On May 3, 2023, the Government issued Decree 08/2023/ND-CP amending and supplementing Decree 153/2020/ND-CP and Decree 65/2022/ND-CP, and suspending the effectiveness of a number of articles in Decree 65/2022/ND-CP related to private placement and trading of corporate bonds in domestic market and offering of corporate bonds in international market with some notable contents as follows:

(i) Supplementing the method of payment by assets for bonds placed in domestic market upon due date;
(ii) Allowing the issuer that issues bonds before the effective date of Decree 65/2022/ND-CP and has outstanding loans until the effective date of Decree 65/2022/ND-CP (September 16, 2022) to change the terms and conditions of bonds;
(iii) Suspending the effectiveness of a number of provisions of Decree 153/2020/ND-CP and Decree 65/2022/ND-CP.

New regulations on private placement and trading of privately placed corporate bonds in domestic market
New regulations on private placement and trading of privately placed corporate bonds in domestic market
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