Bulgarian Regulator Oks Toplofikatsiya Pleven Bond Listing Prospectus
Thursday, 29 November 2018
Bulgaria's financial regulator said that it has approved the prospectus of local heating utility Toplofikatsiya Pleven for listing a 2.5 million levs ($1.5 million/1.3 million euro) bond issue on the regulated market of the Bulgarian Stock Exchange. The five-year issue, due in 2022, carries an annual coupon of 4.5% with interest payments due semi-annually, the Financial Supervision Commission said in a statement on Tuesday. The issue consists of 2,500 bonds with a nominal value of 1,000 levs each.