Bulgarian soft drinks producer Florina Bulgaria will propose extension of the repayment term of its €8m bond, issued in 2007 with 7.5% yield and maturing in 2014. Florina’s bondholders will vote on 7 October on the proposed amortisation of the bond principal and a change in the repayment plan and will also demand Florina to raise its capital by at least €3m from current €4.1m through a cash contribution. Earlier this week Bulgarian multi-industry group VM Finance Group said it plans to acquire 100% of Florina’s capital. The country's anti-trust regulator will decide whether to give the go-ahead to the deal after analysing its possible effects on the local soft drinks market.