June 9 (SeeNews) - The Bulgarian Stock Exchange (BSE) said that it admitted to trading a 15 million euro ($16.1 million) bond issue of Sofia-based Bulgarian-American Credit Bank (BACB) [BUL:BACB].
The securities will start trading under the code BAMB on June 19, the BSE said in a statement on Thursday. The final trading date is December 13, 2029.
The indicative reference price for the first trading session is set at 100% of the bonds' nominal value.
In December, BACB issued 300 bonds with a par value of 50,000 euro each due on December 23, 2029. The bonds have a fixed annual coupon rate of 5%, with payments due semi-annually.
Shares in BACB last traded at 4.90 levs on the BaSE market of the Bulgarian Stock Exchange, bourse data show.
($ = 0.9314 euro)
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