On 5 October 2018 Bulgarian Energy Holding EAD (BEH) successfully increased its third Eurobond issue listed on the Irish Stock Exchange (Euronext Dublin) and the Bulgarian Stock Exchange from EUR 550 to EUR 600 million at an annual interest rate of 3,5% and a maturity of 7 years.
With this increase of the Eurobond issue BEH maintains the same competitive price conditions and maturity which will enable the company to spread its interest costs more efficiently and for a longer period of time. The bonds will be registered on the Irish and the Bulgarian Stock Exchange. The second increase of the issue achieved in continuing volatile market conditions confirms investors’ trust in BEH as well as the good access of the company to capital markets.
The proceeds from the issue will be used for general corporate purposes.
With this second increase BEH has achieved the targeted amount of the Eurobond issue and no more tap issues are planned.
PRESS CENTRE OF BULGARIAN ENERGY HOLDING EAD
These materials are not an offer of securities for sale in the United States. The securities to which these materials relate have not been registered under the US Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act. There will be no public offering of the securities in the United States.
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