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Bulgaria's Lenno issues 500,000 euro five-year bond

Author Mario Tanev
Bulgaria's Lenno issues 500,000 euro five-year bond Photo: Lenno / All rights reserved.

SOFIA (Bulgaria), October 4 (SeeNews) - Bulgarian fintech company Lenno said that it has placed a 500,000 euro ($548,000) five-year non-convertible bond issue on September 25.

Lenno issued 500 bonds with a nominal value of 1,000 euro each at a price of 1,030 euro apiece, the company said in a commercial register filing earlier this week.

The issue carries an annual coupon of 4% with payments due semi-annually.

This is the fifth bond issue that the company has successfully placed so far this year.

($ = 0.9116 euro)

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