December 15 (SeeNews) - Sofia-registered Vienna Real Estate [BUL:VREA] said on Thursday it will repay in full, three and a half years early, the remaining 6.9 million euro ($7.23 million) of a 12 million euro bond issue.
The early redemption should be made no later than 31 January 2017, the company said in a filing to the Sofia bourse.
In June 2012, the company issued 12,000 bonds with a par value of 1,000 euro each due in June 2020. The bonds carry a coupon rate of 7% with coupon payments due twice per year.
Earlier this month, Bulgaria's Speedy Group acquired a majority stake in SOMAT logistics base in Sofia for 46 million levs from Vienna Real Estate [BUL:VREA].
($ = 0.9546 euro)