On September 16, 2022, the Government promulgated Decree 65/2022/ND-CP (Decree 65) amending and supplementing some articles of Decree 153/2020/ND-CP on offer and trading of privately placed corporate bonds in the domestic market and offer of corporate bonds to the international market (Decree 153). The following demonstrates several noteworthy contents in Decree 65:
(i) Amending regulations on bond issuance purposes;
(ii) Supplementing the principles for offering privately placed corporate bonds;
(iii) Changing par value of privately placed corporate bonds;
(iv) Amending the bond distribution period of each privately placed corporate bond offering;
(v) Supplementing the cases of premature redemption of bonds;
(vi) Supplementing the responsibility of issuing enterprises in identifying professional securities investors, especially for individual professional securities investors;
(vii) Changing the time for disclosing information on bond offering results.
