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Bulgaria's Elana Financial Holding planning to issue 2 mln euro bond

Author Mario Tanev
Bulgaria's Elana Financial Holding planning to issue 2 mln euro bond tanatat/Shutterstock.com

SOFIA (Bulgaria), October 11 (SeeNews) - Bulgaria's Elana Financial Holding [BUL:229E] said that it will seek to place a five-year 2 million euro ($2.2 million) bond issue.

The bonds will carry a fixed annual coupon of 4%, Elana Financial Holding said in a bourse filing on Thursday.

The issue will comprise up to 2,000 bonds with a nominal value of 1,000 euro each.

Earlier this week, Elana Financial Holding said that it intends to repurchase up to 100% of its 1 million euro ($1.1 million) bond issue, due in June 2021. The issue carries an annual coupon of 5.50%.

($ = 0.9042 euro)

 

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