Bulgaria's Super Borovets Property Fund extends cap hike subscription deadline

Super Borovets Property Fund REIT is offering 7.2 million shares for subscription at a price of 2.22 levs ($1.24/1.14 euro) each, the company said in a statement.

If the issue is fully subscribed, the company will raise some 16 million levs.

The capital increase will be considered successful if at least 2.4 million shares are subscribed for.

Super Borovets Property Fund REIT shares last traded on the Bulgarian Stock Exchange at a price of 2.40 levs.

(1 euro = 1.95583 levs)