
We were chosen as a trustee bank for investors in the convertible bond issue of HR Capital, successfully placed on the BEAM market of the Bulgarian Stock Exchange in February 2026. Through the offering, HR Capital raised 5 million euro to finance the acquisition of an additional stake in the online supermarket eBag.
An escrow account for the transaction was opened at our bank, and we also monitored the allocation of funds to ensure they were used in accordance with their intended purpose. This structure provided investors with an added layer of security and contributed to the successful placement of the bond issue.
The appointment further underscores the market’s confidence in our team expertise. To date, we have been entrusted with safeguarding bondholder interests in numerous bond issues, including the first-ever bond listed on the BEAM market, issued by Logos TM.
Over the past four years, we have established ourselves as a leading player in Bulgaria’s public bond market, raising nearly 150 million euro. This includes the largest MREL bond issue on the Bulgarian market, valued at 60 million euro.