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SOFIA (Bulgaria), November 13 (SeeNews) - Bulgarian financial leasing Finance Direct [BUL:0FDB] said on Wednesday that it has placed a five-year 2 million euro ($2.2 million) bond issue on November 12.
The issue, comprising 2,000 bonds with a nominal value of 1,000 euro each, carries a fixed annual coupon of 3.75% with payments due semi-annually, Finance Direct said in a statement.
Finance Direct will list the bonds on the Bulgarian Stock Exchange within one year of their issuance.
Finance Direct currently has two outstanding bond issues with a nominal value of 750,000 euro and 1.3 million euro, due in 2021 and 2023, respectively.
($ = 0.9122 euro)