March 29 (SeeNews) - Bulgarian financial services company HypoCredit [BUL:9RTD] said on Wednesday that it plans to extend the term to maturity of a 3.74 million euro ($4.06 million) bond by 36 months, to December 30, 2026.
HypoCredit shareholders are invited to vote on the proposed change at a meeting on April 25, HypoCredit said in a stock exchange filing.
According to data from the Bulgarian Stoic Exchange, the bond was issued in December 2007 and will mature on December 30, 2023. It has an annual coupon rate of 1.90%. The next interest payment is due on June 30, 2023.
($ = 0.9209 euro)