Alcomet released an announcement on the Bulgarian Stock Exchange that it has converted its USD-denominated ZUNK debt in EUR-denominated via forward and cross currency swap as follows: - Principal: from USD 4,449,782 to EUR 3,383,864 - Interests: from USD 2,150,905 to EUR 1,584,128 Although, the timing of this move is rather inappropriate given the current situation on the currency market, the long-term feasibility of the conversion is indisputable. Alcomet would now be able to make all ZUNK principal and interest payments in its major revenue currency - EUR, while in the same time would decrease its exposure to currency fluctuations, which have so far significantly influenced the financial results of the company.