The State Securities Commission approved yesterday the prospectus of United Bulgarian Bank for public offering of bonds.
25.04.2002
Source: BTA
This was reported from the SSC’s press office. The total amount of the bonds issue is in the amount of BGN 15 million, as the face value of one bond is BGN 1 000. The annual interest of the bonds is 7.5 per cent. UBB will pay coupons every six months till 2005. The initial public offering of the UBB’s bonds will be done on the primary market of BSE-Sofia.