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Bulgaria's Ustrem Holding gets financial regulator nod to list 11.2 mln euro bond

Author Mario Tanev
Bulgaria's Ustrem Holding gets financial regulator nod to list 11.2 mln euro bond Photo: Bulgarian Stock Exchange / All rights reserved.

SOFIA (Bulgaria), November 15 (SeeNews) - Bulgaria's Financial Supervision Commission said that it has approved the prospectus of local diversified group Ustrem Holding for listing an eight-year 22 million levs ($12.7 million/11.2 million euro).

The bonds, due in May 2027, carry an annual coupon of 4.5% with interest payments due semi-annually, the financial regulator said in a statement, published on Thursday.

The issue comprises 22,000 bonds with a nominal value of 1,000 levs each.

(1 euro = 1.95583 levs)

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