PRC REIT is planning to increase capital from the current 650,000 leva to 5.2 mln leva (2.658 mln euros), the company informed BSE.

The fund will issue 65,000 rights, each of which entitles to the subscription of 8 new shares at a face value of 10 leva.

The bourse symbol assigned to the issue is R3PRC.

BSE has not yet announced any dates for the auction for unused rights.

Bulgarian-America Credit Bank has been appointed as underwriter of the procedures. The account will be opened with CB Unionbank EFG Bulgaria.

Bids are currently at 7 leva, no asks are announced.