December 1 (SeeNews) - Bulgarian diversified group Ekip-98 Holding [BUL:HEKI] said that its 10 million levs ($5.38 million/5.11 million euro) bond issue has been delisted from the Bulgarian Stock Exchange (BSE) after a buyback.
The bond was delisted on December 1, according to a short notice published on the website of the BSE operator on Wednesday.
The bond, which bore a coupon rate of 6%, was issued on February 10, 2017 and was due in 2024.
Ekip-98 said in November that it plans to issue new bonds worth 15 million levs in total. The proceeds will go towards partially repaying existing debt, expanding the group's activities by acquiring majority stakes in local companies, buying real estate and providing capital to subsidiaries.
(1 euro = 1.95583 levs)