April 19 (SeeNews) - Bulgaria’s Financial Supervision Commission (FSC) said it approved a prospectus for admission to trading of a 12 million euro ($12.8 million) bond issued by local investment company Elea Capital Holding [BUL:RDNA].
The regulator entered the bond into the register of public companies and other issuers of securities, the FSC said in its decision published on Thursday.
Elea Capital issued in December 12,000 ordinary, freely transferable, secured bonds with a nominal value of 1,000 euro apiece. The bonds carry a floating coupon based on six-month EURIBOR plus 1%, but not less than 3.25% and not more than 5.25% annually. Coupon payments are due semi-annually.
The placement has a maturity of eight years and is due on December 6, 2031, the regulator said.
Shares in Elea Capital last traded on April 4 when they closed at 27.00 levs on the BaSE market of the Bulgarian Stock Exchange, bourse data show.
($ = 0.9364 euro)