BSE - Bulgarian Stock Exchange AD

01/09/2025 | Press release | Distributed by Public on 01/09/2025 05:17

First Day of Trading in Allianz Bank Bulgaria Bonds

Allianz Bank Bulgaria issued EUR 50 million bonds in December 2024, which trading started today on the Bulgarian Stock Exchange. The bank successfully completed a public offering of the bond issue to institutional and professional investors, in collaboration with Karoll Investment Intermediary. The four-year bond issue provides an annual interest rate of 6%.

With the funds raised, the bank aims to secure resources to meet additional capital requirements while boosting the sustainable growth of its loan portfolio, with a special focus on supporting small and medium-sized enterprises.

"The successful placement of Allianz Bank Bulgaria's bond issue is a clear indication of our stable financial strategy and highlights our commitment to promoting sustainable growth and supporting the backbone of the economy, namely the small and medium-sized enterprises. It also reflects the strong trust investors have in Allianz Bank Bulgaria," stated Lyuba Pavlova, CEO of Allianz Bank Bulgaria.

The CEO of the Bulgarian Stock Exchange Assoc. Prof. Manyu Moravenov welcomed the company with the words: "The issued bonds are proof that the Bulgarian Stock Exchange and the capital market have sufficient depth to capitalise large companies like yours in addition to the support we provide for small and medium-sized enterprises."

"This is the largest corporate issue in the capital market and a testament to the good development of the Exchange, investors, and the entire sector," added Angel Rabadzhiyski, CEO of the investment intermediary and advisor Karoll.

Photos of the event: https://shorturl.at/2Ij3l