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Bulgarian Airways Group s loss widens in Q1, revenue plummets

Bulgaria s FSC asks Bulgarian Airways Group to fix bond listing prospectus

Bulgaria s FSC asks Bulgarian Airways Group to fix bond listing prospectus Financial Supervision Commission/All rights reserved. SOFIA (Bulgaria), April 23 (SeeNews) - Bulgaria s Financial Supervision Commission (FSC) said that it has asked Bulgarian Airways Group [BUL:B2GA] to provide additional documents and information regarding its request for approval of a bond listing prospectus. The regulator did not provide further details in its statement, published on Thursday. In January, Bulgarian Airways Group issued a seven-year 15 million levs ($9.3 million/7.7 million euro) bond. The unsecured bonds carry a coupon of 3.7% due semi-annually. The issue will be repaid in ten installments of 1.5 million levs each following a two-year grace period.

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