November 27 (SeeNews) - Bulgaria's Elana Financial Holding [BUL:229E] said that its bondholders have approved a proposal to extend the maturity of the company's 1 million euro ($1.1 million) bond issue by 18 months to June 2021.
Elana Financial Holding will repay the principal in three installments - 240,000 euro in June 2020, 240,000 euro in December 2020 and 520,000 euro in June 2021, the company said in a statement on Monday.
The issue consists of 1,000 bonds with a nominal value of 1,000 euro each.
The bonds carry an annual coupon of 5.50% with interest payments due four times per year.
($ = 0.8743 euro)