EBRD bought 80 million euros worth of BEH’s euro bonds – Bulgaria, 23 August 2016

The European Bank for Reconstruction and Development (EBRD) announced that it has bought 80 million euros worth of bonds from state-owned Bulgarian Energy Holding (BEH), which recently issued five-year 550 million euros worth euro bonds in order to support the reform of Bulgarian energy sector.
The head of energy department of EBRD Nandita Parshad said in a statement that the bank’s investment in BEH’s bond is an expression of its strong support for the ongoing reform process to restore financial sustainability of the electricity sector and promote the liberalization of the Bulgarian electricity market.

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