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Sofia bourse admits to trading 15.3 mln euro bond of Bravo Property Fund REIT

Author Mario Tanev
Sofia bourse admits to trading 15.3 mln euro bond of Bravo Property Fund REIT Photo: Bulgarian Stock Exchange / All rights reserved.

SOFIA (Bulgaria), August 19 (SeeNews) - The Bulgarian Stock Exchange said on Monday that it has decided to admit to trading a five-year 30 million levs ($17.0 million/15.3 million euro) bond issue placed by local Bravo Property Fund REIT [BUL:BPY].

The bonds, which are due in April 2024, will start trading on the stock exchange on August 23, the BSE operator said in notice.

The issue consists of 30,000 bonds and carries an annual coupon of 3.25% with payments due quarterly.

Bravo Property Fund REIT placed the bond issue earlier this year to partially finance the acquisition of an office building in Sofia for 71.4 million levs from local real estate company Office A.

(1 euro = 1.95583 levs)

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