July 1 (SeeNews) - Bulgaria's Financial Supervision Commission said that it has asked local financial leasing company Finance Direct [BUL:0FDB] to provide additional information and documents regarding its request for approval of a bond listing prospectus.
The regulator did not provide further details in its statement, published on Tuesday.
In November 2019, Finance Direct placed a five-year 2 million euro ($2.2 million) bond issue. The issue, comprising 2,000 bonds with a nominal value of 1,000 euro each, carries a fixed annual coupon of 3.75% with payments due semi-annually.
($ = 0.8910 euro)