According to a recent announcement from the Hanoi Stock Exchange (HNX), No Va Real Estate Investment Joint Stock Company has disclosed unusual information regarding a change in the terms and conditions of its issued bonds.
Specifically, No Va Real Estate Investment has received approval from bondholders to extend the maturity of the NVJCH2025001 bond code from 60 months to 84 months from the issuance date.
It is understood that the NVJCH2025001 bond lot comprises 6,570 bonds with a par value of VND 100 million per bond, totaling VND 657 billion in issuance value. These bonds were issued on June 23, 2020, and with an initial maturity of 60 months, they were expected to mature on June 23, 2025.

Source: HNX
As disclosed on HNX, in 2021 and 2022, No Va Real Estate Investment repurchased portions of this bond lot ahead of schedule on two occasions. Specifically, on June 23, 2021, they repurchased VND 65.7 billion worth of bonds, and on May 16, 2022, they repurchased VND 568.3 billion, bringing the remaining value of the bonds in circulation to VND 23 billion.
Recently, on June 23, 2025, No Va Real Estate Investment delayed payment of over VND 585.5 million in interest and VND 23 billion in principal for the aforementioned NVJCH2025001 bond lot. The reason for the delay is attributed to ongoing negotiations for an extension with relevant parties.
In addition to the aforementioned bond lot, according to information on HNX, No Va Real Estate Investment currently has four other circulating bond lots. These include the NVJCH2023003 bond code, issued on August 28, 2020, with a total issuance value of VND 245 billion and a maturity of 60 months, expected to mature on August 28, 2025.
The NVJCH2024004 bond lot has a total issuance value of VND 610 billion and was issued on August 28, 2020, with a maturity of 72 months, maturing on August 28, 2026.
The NVJCH2025005 bond code, issued on August 28, 2025, has a total issuance value of VND 610 billion, with a remaining value in circulation of VND 460 billion. These bonds were also issued on August 28, 2020, and with a maturity of 84 months, they are expected to mature on August 28, 2027.
Lastly, the NVJCH2026006 bond lot was issued on August 28, 2020, with a total issuance value of VND 335 billion and a maturity of 72 months, maturing on August 28, 2026.
No Va Real Estate Investment Joint Stock Company, established in 2004, primarily operates in the real estate industry. The company is a subsidiary of No Va Real Estate Investment Corporation (Novaland), which holds 99.97% of its charter capital as of June 30, 2025.
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