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Dec 22, 2017 14:25 EEST
SOFIA (Bulgaria), December 22 (SeeNews) – Financial and insurance group Eurohold Bulgaria [BUL:4EH] said on Friday it has raised 47.0 million levs ($28.5 million/24.0 million euro) through a capital hike.
The company’s capital was increased to 197.5 million levs from 161.3 million levs via a new share issue, Eurohold Bulgaria said in a filing to the Sofia stock exchange.
Eurohold Bulgaria issued 36.2 million shares with a nominal value of 1 lev each at a price of 1.3 levs.
Earlier this month, Eurohold Bulgaria issued a 70 million euro worth of five-year notes carrying a fixed annual interest rate of 6.5%.
Eurohold Bulgaria's portfolio includes companies in financial services, leasing, insurance and car sales.
Eurohold Bulgaria shares closed 1.84% higher at 1.385 levs on Thursday.
(1 euro = 1.95583 levs)
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