Insider information

Insider information

Company: Elana Agrocredit AD-Sofia (EAC)
The Board of Directors of Elana Agrocredit AD has taken a decision the company to issue a second-in-line corporate bond issue in compliance with the applicable legislation under the following parameters:
Total nominal and issue value of the bond issue: Up to EUR 5,000,000
Nominal and issue value per bond: EUR 1,000
Number of bonds to be issued: Up to 5,000 bonds
Type of bonds: Ordinary, registered, dematerialised, interest-bearing, inconvertible, freely transferable, and secured
Interest rate: Fixed 3.00% p.a.
Term to maturity: 63 months
Amortisation schedule: Repayment of the principal in five (5) equal instalments of EUR 1,000,000 each
Interest payment recurrence: Every six (6) months except for the first coupon payment, which shall be due in three (3) months as of the date of bond issuance
Call option: n/a
Conditions of the bond subscription: The bonds are offered for subscription to fewer than 150 natural or legal persons individually appointed by the Board of Directors according to Art. 1 (4b) of Regulation (EU) 2017/1129 of the EP and of the Council of 14 June 2017 on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market, repealing Directive 2003/71/EC.
Minimum funds raised to conclude the bond loan: EUR 3,000,000
The entire notice may be found on the financial website X3News.