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Bulgaria's HypoCredit repurchases 100 own bonds

Author Mario Tanev
Bulgaria's HypoCredit repurchases 100 own bonds Author: Ken Teegardin. License: Creative Commons, Attribution 2.0 Generic.

SOFIA (Bulgaria), December 11 (SeeNews) - Bulgarian financial services company HypoCredit [BUL:9RTE] said that on Tuesday it repurchased 100 own bonds from its 3.744 million euro ($4.15 million) issue, due in June 2020.

HypoCredit did not provide further details in its statement.

The bonds, issued in 2008, carry an annual coupon of 2.9% with payments due once a year.

The issue consists of 6,000 bonds with a nominal value of 624 euro each.

($ = 0.9024 euro)