20/05/2022 | Press release | Distributed by Public on 20/05/2022 21:58
The following decision has been adopted at a session of the BSE Board of Directors held under Record of Proceedings No. 32 of 20 May 2022:
With reference to an application submitted under Art. 20 (1) of Part III - Listing Rules and on the grounds of Art. 33 (8) thereof, the BSE Board of Directors admits to trading on the Bonds Segment of the BSE Main Market the following issue of bonds:
- Issuer: Industry Development Holding AD-Sofia
- Type of bonds: Ordinary, dematerialised, registered, interest-bearing, freely transferable, secured and inconvertible
- ISIN of the issue: BG2100018212
- BSE code assigned to the issue: IDHB
- CFI code of the bond issue: DBVUFR
- Amount of the issue: BGN 30,000,000
- Number of bonds: 30,000
- Nominal value per bond: BGN 1,000
- Issuance currency: BGN
- Currency of trading: BGN
- One trading lot: One (1) bond
- Minimum tick size: 0.001
- Segment MIC: ZBUL
- First trading day: 26 May 2022 (Thursday)
- Last trading day: 10 December 2029
- The indicative reference price for the first trading session is 100% of the nominal value.
- The price of the orders entered is a percentage of the nominal value of one trading lot /clean price/.
- The price of the bid and ask orders shall not include the interest accrued as of the date of the last interest payment until the moment of order entry.
INFORMATION ON THE ISSUE:
- The issue is the first one of the issuer
- Issuance date: 16 December 2021
- Maturity date: 16 December 2029
- Term: 96 months as of the date of issuance
- Annual interest rate: 6-month EURIBOR + 3.50% but not less than 3.00% p.a.
- Day-count convention: Act/365L
- Debt repayment: Through amortisation
- Amortisation schedule: The amortisation will take place in twelve (10) instalments payable along with the last ten interest payments.
- Amortisation payment schedule: Every six (6) months on the following fixed dates
16 June 2025 - BGN 3,000,000
16 December 2025 - BGN 3,000,000
16 June 2026 - BGN 3,000,000
16 December 2026 - BGN 3,000,000
16 June 2027 - BGN 3,000,000
16 December 2027 - BGN 3,000,000
16 June 2028 - BGN 3,000,000
16 December 2028 - BGN 3,000,000
16 June 2029 - BGN 3,000,000
16 December 2029 - BGN 3,000,000
- Interest payment period: Every six (6) months on the following fixed dates
16 June 2022; 16 December 2022
16 June 2023; 16 December 2023
16 June 2024; 16 December 2024
16 June 2025; 16 December 2025
16 June 2026; 16 December 2026
16 June 2027; 16 December 2027
16 June 2028; 16 December 2028
16 June 2029; 16 December 2029
* The right to interest and amortisation payment shall be entitled to all bondholders registered as such not later than one (1) business day before the payment date respectively three (3) business days before the date of the final interest and amortisation payment that coincides with the issue's maturity date.
- Trustee of the bondholders: Capital Invest EAD
- Call option: The issuer is entitled to repay early the entire principal at any time by giving one month's prior notice to the bondholders at the terms and conditions defined in the Prospectus of the bond issue.
INFORMATION ON THE ISSUER:
- Name in the Latin alphabet: Industry Development Holding AD-Sofia
- Registered address: Sofia, 40 Buxton Brothers Blvd.
- LEI code: 894500D1M53T2HYX6A52
- BULSTAT UIC: 121227792
- Correspondence address: Sofia, 40 Buxton Brothers Blvd.
- Tel.: +359 2 882 86 23 47
- E-mail: [email protected]
- Website: www.idhbg.com
- Authorised representative: Vesela Mancheva
- Contact person: Nayden Nedelchev
- Information disclosure to the public via www.infostock.bg
- Scope of business activity: Financial and insurance activities