June 12 (SeeNews) - The Bulgarian Stock Exchange said on Tuesday that a 7 million levs ($4.4 million/3.6 million euro) bond issue of local company IT Soft [BUL:1BKA] will start trading on the bourse on June 19.
The issue consists of 7,000 bonds with a nominal value of 1,000 levs each, the BSE said in a statement.
Last week, the Financial Supervision Commission approved IT Soft's bond listing prospectus.
The bond issue carries an annual coupon of 3.85% with payments due semi-annually, according to the financial regulator.
The bonds were issued in 2017 and mature in 2024.
IT Soft is a wholly-owned unit of Bulgaria's Specialized Logistic Systems [BUL:2SLA].
(1 euro = 1.95583 levs)