F88 Launches First-Ever Public Bond Offering with 10% Annual Interest Rate

As a leading bond issuer with an impeccable track record of on-time payments and offering yields of up to 10% per annum, F88 Investment Corporation (UPCoM: F88) is now recognized for its highly attractive retail bonds. This positions the company to capture the attention of investors seeking both stability and competitive returns.

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F88 has received approval from the Securities Commission to issue 10 million public bonds with a face value of 100,000 VND per bond, totaling a maximum capital mobilization of 1,000 billion VND. The issuance is divided into three phases, scheduled for 2026. The first phase, valued at 300 billion VND, is set to commence on January 10, 2026. The second phase, also worth 300 billion VND, is planned for issuance between Q1 and Q2 of 2026. The final phase, valued at 400 billion VND, will be issued from Q2 to Q4 of 2026. Each issuance phase has a maximum execution period of 90 days, with intervals between phases not exceeding 12 months, in compliance with Securities Commission regulations. The bonds have a 24-month term with a fixed interest rate of 10% per annum, paid quarterly.

F88 launches its first public bond issuance with a 10% annual interest rate

Amidst the low savings interest rates offered by banks and an average corporate bond interest rate of approximately 7.18% per annum with an average term of 4.6 years—as reported in the Q3/2025 report by the Vietnam Bond Market Association (VBMA)—F88’s 10% annual interest rate is considered attractive and competitive. Additionally, the 24-month term meets the needs of investors seeking stable cash flow, offering a viable mid-term investment option with strong profit potential compared to other market alternatives.

This marks F88‘s first public bond issuance after years of raising capital through private placements. Unlike private bonds, which are restricted to professional investors, public bonds allow all individual and institutional investors to participate. This significantly expands F88’s investor reach, diversifies its capital sources, and introduces a more stable, sustainable funding channel. Public bond issuances require companies to meet stricter standards than private placements, including profitability, reasonable debt structure, transparent capital usage plans, and feasibility. The Securities Commission’s approval enhances F88’s market credibility, financial capacity, and ensures compliance with legal requirements.

A representative from F88 stated that the public bond issuance is a pivotal step in the company’s long-term development strategy. It aims to broaden capital mobilization channels, increase transparency, and strengthen investor confidence. The proceeds from the issuances will be allocated to expand the company’s operational network, bolster business activities, and enhance financial capabilities to meet future growth demands.

Kim Ngân

– 14:58 27/11/2025

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