Bulgaria's FSC Asks CEE Properties for More Info on Bond Listing Prospectus

Bulgaria's FSC Asks CEE Properties for More Info on Bond Listing Prospectus

Bulgaria's Financial Supervision Commission (FSC) said that it has asked local CEE Properties REIT  to provide further information and documents regarding its prospectus for listing a bond issue for trading on a regulated market.The financial regulator did not provide further details in its statement, published on Tuesday.In December 2018, CEE Properties REIT placed an eight-year 20 million levs ($11.5 million/10.2 million euro) bond issue, comprising 20,000 bonds with a nominal value of 1,000 levs each. The bonds carry an annual coupon of 4.5% with interest payments due twice per year.

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