Bulgarian Financial Regulator OKs Development Assets Bond Listing Prospectus

Bulgarian Financial Regulator OKs Development Assets Bond Listing Prospectus

Bulgaria's Financial Supervision Commission said that it has approved the prospectus of local Development Assets for listing an eight-year 22 million levs ($12.6 million/11.2 million euro) bond issue on a regulated stock exchange market.The issue, comprising 22,000 bonds, carries an annual coupon of 5.75% with interest payments due semi-annually, the financial regulator said in a statement on Tuesday.The bonds are due in November 2026.(1 euro = 1.95583 levs)

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