July 5 (SeeNews) - Bulgaria's financial regulator said that it has asked local Solar Logistic, previously known as Sevko Bulgaria, to provide further information and documents regarding its request for approval of a prospectus for admission to trading of a bond issue on a regulated stock exchange market.
The Financial Supervision Commission did not provide further details in its statement, published on Thursday.
In January, Solar Logistic issued an eight-year 25 million levs ($14.5 million/12.8 million euro) bond to fund acquisitions of renewable energy projects.
Subsequently, Solar Logistic acquired two solar parks with installed capacity of 197.4 kW each for a total of 684,000 euro.
In December 2018, Capman Green Energy Fund acquired 100% of Sevko Bulgaria from local diversified group Holding Nov Vek [BUL:6N3] for an undisclosed price. Sevko Bulgaria was subsequently renamed to Solar Logistic.
(1 euro = 1.95583 levs)