October 8 (SeeNews) - In SOFIA story "Bulgarian ?PFC CSKA to list on the bourse in early 2014 - media", please read in the headline "football club CSKA", instead of "?PFC CSKA" (removes editing remarks).
Please, also read in the first paragraph "...will hold an initial public offering..." instead of "...will IPO list..." (drops redundant word).
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A corrected version follows:
Bulgarian football club CSKA will hold an initial public offering on the Bulgarian stock exchange in the beginning of 2014, CSKA’s CEO said as quoted by local media.
The debt-ridden club was acquired by Luxemburg-based Lira Investment in July in a debt-for-equity deal. The football club has over 10 million levs in debt to the state, football players, managers, agents and suppliers.
CSKA is financed from the club’s own revenue and the sale of shares, Alexander Todorov added as quoted by Bulgarian daily newspaper Standart.
Earlier this year Todorov said 2.78 million shares would be traded at a price of 2.0 levs ($1.4/1.0 euro) a piece.
(1 euro = 1.95583 Bulgarian levs)