December 19 (SeeNews) - The Bulgarian Stock Exchange said on Wednesday that it has admitted to trading a 3.85% 8.8 million levs ($5.1 million/4.5 million euro) bond issue of local car parts and motor oil distributor Motobul [BUL:M0LA].
The bonds will start trading on the exchange on December 27, the Sofia bourse operator said in a statement.
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The ten-year issue, due in June 2028, consists of 8,800 bonds with a nominal value of 1,000 levs each.
Motobul is a wholly-owned unit of Bulgaria's Avto Union [BUL:8AVB]. Avto Union is part of financial and insurance group Eurohold Bulgaria [BUL:4EH] and consolidates Eurohold's units in the automotive sector.
(1 euro = 1.95583 levs)