Bulgaria's energy holding plans to issue EUR 400 M worth of bonds in March

Bulgaria's state energy holding company, which groups the country's top energy assets, plans to tap international markets by the beginning of March to repay its debt. The group aims to issue EUR 400 M worth of bonds, much higher than the initially set targets of USD 300 M...
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E-mail article Print Save Additional News in English Još vesti na Srpskom Επιπλέον ειδήσεις στα Ελληνικά Text

Bulgaria's energy holding plans to issue EUR 400 M worth of bonds in March



Balkans.com Business News Correspondent - 08.01.2013

Bulgaria's state energy holding company, which groups the country's top energy assets, plans to tap international markets by the beginning of March to repay its debt. The group aims to issue EUR 400 M worth of bonds, much higher than the initially set targets of USD 300 M or EUR 250 M, Chief Executive Mikhail Andonov said in an interview for 24 Hours daily.

The money will be used for refinancing the existing debt to BNP Paribas for the nuclear power plant project at Belene, Novinite reports.

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