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Convertible bonds 2011

With decision from 20.10.2011 the Trade Registry published announcement for bond issue of Industrial Holding Bulgaria AD ISIN code BG2100018113 under the following terms and conditions:

  • Total nominal value (bond issue amount) - BGN 21,713,900 (twenty one million seven hundred and thirteen thousand and nine hundred), distributed in 217 139 (two hundred and seventeen thousand hundred and thirty nine) dematerialized interest-bearing convertible freely transferable unsecured bonds of par value BGN 100 (one hundred) each;
  • Term (maturity) of the bond issue: 3 /three/ years (36 months) as of the issue date;
  • Date from which the maturity term is counted - 18.10.2011
  • Interest - 8.00 % (eight percent) on an annual basis;
  • Period of interest payment: 6 months;
  • Conversion rate: 50, which defines conversion price of BGN 2.00 (two);
  • Conversion: on the due date of the issue;
  • Payment dates: for the principal - single, on the due date; for interest payments: 18.04.2012, 18.10.2012, 18.04.2013, 18.10.2013, 18.04.2014 and 18.10.2014;
  • Bank servicing the bond issue payments – The payments are made by the Central Depositary with abidance by the requirements of Ordinance No. 8.