February 4 (SeeNews) - Bulgarian thermal power plant (TPP) Bobov Dol said on Monday that the holders of its 3.5 million levs ($2 million/1.8 million euro) bond issue have agreed to extend its maturity by three years to April 2022.
The annual coupon for the additional three-year period will remain unchanged at 4%, the plant said in a bourse filing.
TPP Bobov Dol will repay the principal amount of the bond via a single payment in April 2022.
TPP Bobov Dol, established in 2000, is a coal-fired power plant located in the Kyustendil region, in southwestern Bulgaria, with an installed capacity of 630 megawatts. In 2008, the government sold Bobov Dol TPP to local consortium Energy MK, which remains its sole owner.
(1 euro = 1.95583 levs)