April 3 (SeeNews) - Bulgarian investment company Bulfinance Investment [BUL:0BVA] said it will repay early its 4 million levs ($2.2 million/2 million euro) eight-year bond issue due in November 2025.
By April 12, Bulfinance Investment will repay up to 10,000 bonds, representing 100% of the issue's volume, at their nominal value of 400 levs each plus interest due, it said in a bourse filing on Tuesday.
The bonds have a coupon based on six-month EURIBOR plus 1.5% but no less than 3% and no more than 6%, due semi-annually. The current coupon rate is 5.574%.
The company issued the bonds in November 2017, Sofia bourse data show.
(1 euro = 1.95583 levs)