March 4 (SeeNews) - Bulgaria's Financial Supervision Commission (FSC) said that it has asked debt securitisation company Bulgarian Receivables Fund SPE [BUL:9BH] to provide additional documents and information regarding its bond listing prospectus.
The regulator did not provide further details in its statement, published on Tuesday.
Last year, the company issued a 20 million levs ($12.4 million/10.2 million euro) bond. The nine-year issue carries an annual coupon of 4% due semi-annually.
The bond's principal will be repaid in 10 installments of 2 million levs each following a four-year grace period.
Bulgarian Receivables Fund SPE will use the funds to finance the expansion of its portfolio and make payments due for already acquired debt.
(1 euro = 1.95583 levs)