Bulgarian regulator admits to trade Financial Assets bond

The regulator entered the company and bond into the register of public companies and other issuers of securities, the FSC said in a statement on Thursday.

Financial Assets issued last November 25,000 ordinary, freely transferable, secured bonds with a par value of 1,000 levs each.

The bonds carry a floating annual coupon based on six-month EURIBOR plus 1%, with the sum not lower than 2.75% and not higher than 5%. Coupon payments are due semi-annually.

The bonds will mature on November 24, 2032, the FSC said.

(1 euro = 1.95583 levs)