Eurohold Bulgaria Seeks Bondholder Approval To Float New Bond Issue

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Eurohold Bulgaria Seeks Bondholder Approval To Float New Bond Issue

The bondholders of Eurohold Bulgaria ^BEUBFG^ will decide at an extraordinary general meeting, scheduled for June 27, on the floating of a second corporate bond issue with a maximum value of 20 mln euros.

The meeting was called by Raiffeisenbank Bulgaria in the capacity of a representative of the bondholders, the Bulgarian Stock Exchange (BSE) said.

If there is a lack of quorum, the meeting will be held on July 11 at 10 o'clock at the same place (16 G.M. Dimitrov blvd, Sofia) under the same agenda.

The bondholders on record with the Central Depository as at June 13, will be able to exercise their voting rights at the meeting.

Eurohold Bulgaria floated a 10 mln euro bond issue on October 25, 2007. The bonds mature in October 2010 and carry an annual interest rate equal to the six-month EURIBOR plus 3.65%.

A total of 500 Eurohold Bulgaria bonds traded hands today. The price of the bonds wend down by 0.09% to 100 euros apiece.

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