• Home >
• Investors >
• Convertible bonds 2011

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.