SOFIA (Bulgaria), July 12 (SeeNews) – Bulgaria’s financial regulator said it has approved a prospectus for admitting a 10 million euro ($11.5 million) eight-year bond issue of Sofia-based Industry Development Holding for trade on the regulated market of the stock exchange in Sofia.
The bond, issued in December 2016, consists of 10,000 bonds with a nominal value of 1,000 euro each, the Financial Supervision Commission said in a statement on Tuesday.
The bond carries an annual coupon of 5%.
Industry Development Holding has a registered capital of 981,000 levs ($574,000/501,000 euro), according to the country's commercial register.
($ = 0.8728 euro)