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May 17, 2023 15:57 EEST
May 17 (SeeNews) - Bulgarian financial services company HypoCredit said on Wednesday that its bondholders have rejected a proposal to extend the term to maturity of a 3.74 million euro ($4.07 million) bond by three years.
The proposal to extend the bond's maturity date to December 30, 2026 was turned down at a general meeting of bondholders held on May 15, HypoCredit said in a bourse filing.
The bond [BUL:9RTD], issued in December 2007, has an annual coupon rate of 1.90%, Bulgarian Stock Exchange data show. The next interest payment is due on June 30, 2023.
($ = 0.9190 euro)
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