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Bulgaria's Elana Financial Holding buys back 100% of 1 mln euro bond issue

Author Mario Tanev
Bulgaria's Elana Financial Holding buys back 100% of 1 mln euro bond issue Author: Ken Teegardin. License: Creative Commons, Attribution 2.0 Generic.

SOFIA (Bulgaria), October 15 (SeeNews) - Bulgaria's Elana Financial Holding [BUL:229E] said on Tuesday that on October 14 it has signed deals for the repurchase of 100% of its 1 million euro ($1.1 million) bond issue, due in June 2021.

Elana Financial Holding will delist the issue from the Bulgarian Stock Exchange immediately after the settlement of the transactions, the company said in a bourse filing.

The company placed the issue in December 2015. The bonds carry an annual coupon of 5.50%.

Earlier this month, Elana Financial Holding said that it will seek to place a five-year 2 million euro bond issue at an annual coupon of 4%.

($ = 0.9071 euro)

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