April 27 (SeeNews) - A seven-year 20 million levs ($12.7 million/10.2 million euro) bond issued by cable TV operator M SAT Cable will start trading on the Bulgarian Stock Exchange (BSE) on May 4, the bourse said on Friday.
The issue consists of 20,000 bonds with a nominal value of 1,000 lev each, BSE said in a statement.
The bonds carry an annual interest rate of 6.5%, with coupon payments due semi-annually.
M SAT Cable, a unit of diversified group Holding Varna [BUL:5V2], issued the bonds in November 2017.
(1 euro = 1.95583 levs)