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Bulgaria's Bulland Investments REIT places 4.6 mln euro bond

Author Mario Tanev
Bulgaria's Bulland Investments REIT places 4.6 mln euro bond Author: Ken Teegardin. Licence: Creative Commons.

SOFIA (Bulgaria), August 1 (SeeNews) - Bulgarian real estate investment trust Bulland Investments REIT [BSE:5BD] said on Thursday that it has placed a 9.08 million levs ($5.1 million/4.6 million euro) bond issue on July 16.

The issue comprises 9,080 bonds, Bulland Investments REIT said in a bourse filing.

The 10-year issue carries a fixed annual coupon of 4.75% with payments due semi-annually.

Bulland Investments REIT will seek to list the bonds on the Bulgarian Stock Exchange within 6 months of its issuance.

As at 14:15 CET on Thursday, Bulland Investments REIT shares traded at 1.09 levs, unchanged from their previous closing price on the Bulgarian Stock Exchange.

(1 euro = 1.95583 levs)

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