The capital increase of EuroIns Insurance Group (EIG) was registered by the Bulgarian commercial register on October 10, 2008. The company’s equity capital was raised from 239,462,800 leva to 268,262,791 leva through the issuance of new shares.

Eurohold Bulgaria () subscribed all 28,799,991 new shares with nominal value of 1 leva. This is the third EuroIns Insurance Group equity capital increase in the current year.

The funds for the capital increase were lent to EuroHold Bulgaria by Accession Mezzanine Capital II in the form of a non-amortizing mezzanine loan with a term of 7 years.

Mezzanine Management Central Europe II (MMCE) is the exclusive investment manager of AMC II, which is the leading independent mezzanine fund in Central and Eastern Europe with offices in Austria, Hungary, Poland, Romania and the Ukraine. MMCE has around 400 million euros under management and invested in 27 companies across 8 countries.

The new capital increase will support the regional expansion of EIG.