June 1 (SeeNews) - Bulgaria's financial services company HypoCredit [BUL:9RTD] said on Friday that its bondholders have approved a proposal to extend by three years the maturity of its 6.3 million euro ($7.4 million) bond issue, which was due to mature this year.
The bondholders approved the proposal at their annual general meeting on May 30, HypoCredit said in a statement.
The bonds were issued in 2008. The bond issue carries an annual coupon of 3.9% with payments due once per year.
The issue consists of 10,000 bonds with a nominal value of 630.0 euro each.
($ = 0.8484 euro)