May 22 (SeeNews) - Bulgaria's Financial Supervision Commission said that it has approved the prospectus of local Development Assets for listing an eight-year 22 million levs ($12.6 million/11.2 million euro) bond issue on a regulated stock exchange market.
The issue, comprising 22,000 bonds, carries an annual coupon of 5.75% with interest payments due semi-annually, the financial regulator said in a statement on Tuesday.
The bonds are due in November 2026.
(1 euro = 1.95583 levs)