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Bulgarian regulator admits to trade Bulfinance Investment bond

Jul 5, 2024, 1:23:57 PMArticle by Mihaela Miteva
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July 5 (SeeNews) - Bulgaria’s Financial Supervision Commission (FSC) said it approved a prospectus for admission to trading of a 10 million euro ($10.8 million) bond issued by local investment company Bulfinance Investment.

Bulgarian regulator admits to trade Bulfinance Investment bond
Photo by Towfiqu barbhuiya on Unsplash

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.

Bulfinance Investment issued in March 10,000 ordinary, secured bonds with a nominal value of 1,000 euro each. The bonds carry a floating annual coupon based on six-month EURIBOR plus 1.25%, with the sum no lower than 2.75% and no higher than 5.5%. Coupon payments are due semi-annually.

The placement has a maturity of nine years and is due on March 20, 2033, the regulator said.

($ = 0.9259 euro)

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