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Dec 22, 2017 11:11 EEST
SOFIA (Bulgaria), December 22 (SeeNews) – Bulgarian real estate investment trust (REIT) Alteron [BUL:2AL] said it plans to issue an eight-year 10 million levs ($6.1 million/5.1 million euro) bond.
The REIT will use the funds to finance acquisitions of real estate in order to diversify its portfolio, Alteron said in a statement on Thursday.
The issue will carry an annual coupon of 5.75% with payments due semi-annually, the statement reads.
(1 euro=1.95583 levs)
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