We repay a bond issue and plan a new one
We announced our plans for the Bulgarian bond market by the end of the year. We plan to issue new bonds in the second part of October, with similar parameters to our latest bonds issued in March of this year. Meanwhile, we decided to use the right to repay one year earlier our bonds issued in December 2023 and maturing in September 2026 (EUR 10 million emission, with a 9.5% annual interest rate).
Considering the environment of decreasing interest rates in the Eurozone, we decided to repay our bonds from the December 2023 issue one year before maturity. However, due to our continuous strong business growth, we are planning to come to the market with another investment opportunity for existing and new investors.
Over the past four years, we have established ourselves as a leader in the Bulgarian corporate public bond market. We raised a total of EUR 84 million, providing investors with attractive and flexible instruments in terms of maturity and return.
All our bond issuesare being traded on the Bulgarian Stock Exchange.
