Bulgaria's Specialised Logistic Systems extends maturity of 1.6 mln euro bond

December 14 (SeeNews) - Bulgaria's Specialised Logistic Systems [BUL:2SLA] has extended the maturity of its 1.6 million euro ($1.8 million) bond issue by five years to May 2024, the Bulgarian Stock Exchange said.

The issue's annual coupon of 6.0% will be cut to 5.25% for the additional five-year period, the Sofia bourse operator said in a statement on Thursday.

The issue consists of 2,000 bonds with a nominal value of 800 euro each.

The bonds were issued in May 2010 and subsequently listed on the Bulgarian Stock Exchange in September 2010.

($ = 0.8782 euro)