January 18 (SeeNews) - Financial and insurance group Eurohold Bulgaria [BUL:4EH] said on Thursday it has filed a request to the Irish Stock Exchange for the delisting of its 47 million euro ($55.2 million) medium-term notes issue.
The notes, due in December 2021, were issued under the company’s Euro Medium Term Note (EMTN) programme approved by the Irish central bank in November 2016. The issue carries an annual coupon of 8.0%.
Last month, Eurohold issued 70 million euro worth of five-year notes carrying a fixed annual interest rate of 6.5%, under its EMTN programme.
In November, Eurohold Bulgaria invited the holders of its 47 million euro medium-term notes issue to tender some or all of the securities they hold for purchase by the company. As a result, Eurohold redeemed 46.5 million euro worth of medium-term notes, or 99% of the total issue.
Eurohold Bulgaria's portfolio includes companies in the financial services, leasing, insurance and car sales sectors.
($ = 0.8508 euro)