Bulgaria’s Futures Capital seeks nod to extend maturity, cut coupon of 5 mln euro bond

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Bulgarian investment company Futures Capital  said that it is seeking an approval from the holders of its 5 million euro ($6.1 million) bond issue to extend its maturity by five years to June 2027.

Futures Capital is also proposing to lower the issues coupon from 5% currently to 3.85% as of December 2022, the company said in an invitation for a bondholders meeting, published on Monday.

The meeting is scheduled for December 17.

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