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Bulgaria's financial regulator admits to trade Selena Holding bond

Author Vasil Kolchev
Bulgaria's financial regulator admits to trade Selena Holding bond Financial Supervision Commission/All rights reserved.

SOFIA (Bulgaria), January 27 (SeeNews) - Bulgaria's financial regulator said that it approved a prospectus of local diversified group Selena Holding [BUL:SELB] for the listing of a 20 million levs ($11.5 million/10.2 million euro) bond on the Bulgarian Stock Exchange.

The issue comprises 20,000 bonds with a nominal and issue value of 1,000 levs each, the Financial Supervision Commission (FSC) said in a statement earlier this week.

The bonds have a floating rate based on the six-month Euribor plus 425 bp but not less than 3.50% yearly, and will mature on August 4, 2030.

(1 euro = 1.95583 levs)

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