Invitation and materials for a GSM

Invitation and materials for a GSM

Company: Holding Varna AD-Varna (5V2C)
Texim Bank AD, as a trustee of the holders of bonds issued by Holding Varna AD (5V2C), ISIN BG2100012140, convened a General Meeting of Bondholders on 05 July 2022 at 10:30 am in the town of Varna at Saints Constantine and Helena Resort, Azalea Hotel, under the following agenda:
- Amendments to the repayment schedule of the bond loan:
1. Extension of the term of the bond loan until 12 December 2027, maturity date
2. Rescheduling the repayment of the outstanding principal of EUR 3,000,000 to six (6) equal instalments of EUR 500,000 each for 12 December 2022, 2023, 2024, 2025, 2026 and 2027
3. Change of the interest rate from fixed 5.4% to 12m EURIBOR+3.6% but not less than 2.7% p.a.
4. Deletion of the existing mortgages and establishment of first mortgage of landed properties detailed in the GMB invitation
- In the absence of a quorum, the GMB will be held on 19 July 2022 at 10:30 am, at the same place and under the same agenda.
The right to participate in the General Meeting of Bondholders will be entitled to all holders of bonds of the issue having ISIN BG2100012140, registered with the central securities register five (5) days before the GMB date (Record Date).
The invitation to the GMB is available on the website of the Exchange.