September 21 (SeeNews) - Bulgaria's financial regulator said that it has approved the prospectus of local financial leasing company Finance Direct [BUL:0FDA] for listing a six-year 1.3 million euro ($1.5 million) bond issue on the Bulgarian Stock Exchange.
The issue consists of 1,300 bonds with a nominal value of 1,000 euro each, the financial Supervision Commission said on Thursday.
The bonds, due in December 2023, carry a fixed annual coupon of 4.5% with interest payments due semi-annually.
($ = 0.8502 euro)