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Nov 06, 2017 15:29 EEST
SOFIA (Bulgaria), November 6 (SeeNews) – Bulgarian leasing company Finance Direct [BUL:0FDA] said it plans to issue a 6-year corporate bond worth up to 1.3 million euro ($1.5 million).
The issue will carry an annual coupon of 4.5%, with coupon payments due semiannually, Finance Direct said in a statement on Friday.
The bonds will be redeemed in four equal instalments along with the last four coupon payments.
The company plans to list the issue on the Bulgarian Stock Exchange.
($ = 0.8626 euro)
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