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Regulator asks Bulgarian Receivables Fund SPE to fix bond listing prospectus

Regulator asks Bulgarian Receivables Fund SPE to fix bond listing prospectus Financial Supervision Commission/All rights reserved. SOFIA (Bulgaria), April 14 (SeeNews) - Bulgaria s Financial Supervision Commission (FSC) said that it has asked debt securitisation company Bulgarian Receivables Fund SPE [BUL:BRF] to provide additional documents and information regarding its bond listing prospectus. The regulator did not provide further details in its statement, published on Tuesday. This is the second time the FSC has asked the company for additional documents and information. Last year, the company issued a 20 million levs ($12.2 million/10.2 million euro) bond. The nine-year issue carries an annual coupon of 4% due semi-annually.

Bulgaria non-life insurers net profit up 47% in 2020

Bulgaria non-life insurers net profit up 47% in 2020
businessinsurance.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessinsurance.com Daily Mail and Mail on Sunday newspapers.

Bulgaria s Toplofikatsiya-Burgas plans IPO on Bulgarian Stock Exchange

Bulgarian nonlife insurers net profits rise more than 30%

Data from Bulgaria’s Financial Supervision Commission showed that nonlife insurers’ combined net profit increased 34% year-on-year to 185.1 million Bulgarian levs ($111 million) in the first 11 months of 2020.

Bulgaria s FSC again asks Black Sea Star to fix bond listing prospectus

Bulgaria s FSC again asks Black Sea Star to fix bond listing prospectus Financial Supervision Commission/All rights reserved. SOFIA (Bulgaria), March 17 (SeeNews) - Bulgaria s Financial Supervision Commission said that it has asked local investment company Black Sea Star 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 Tuesday. This is the third time the regulator has asked the company to fix its prospectus. Black Sea Star placed a three-year 4.5 million euro ($5.3 million) bond issue in August 2020. The issue comprises 4,500 bonds with a nominal value of 1,000 euro each.

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