State-owned Bulgarian Energy Holding (BEH) announced that it has placed 550 million euros bond issue on the Irish Stock Exchange.
Recently, the bond issue drew strong interest among investors and was heavily oversubscribed with offers of over 2 billion euros. BEH stated that the company will pay annual interest of 4.875 %. However, the company did not say when the bonds were due for repayment and only 500 million euros bond issue from 2013, which is due in 2018, was placed on the Irish Stock Exchange.
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Tags: BEH, Bulgaria, eurobonds, financial, loan, stock exchange