The Financial Supervision Commission has approved the prospectus for listing First Investment Bank €40m perpetual bond issue on BSE-Sofia. It consists of two tranches of €20m each and bears 12.75% per annum. The first tranche was issued in March 2011 and the second in June 2012. The par value of the bonds is €50 000 each. They represent perpetual, unsecured and non-convertible bonds and are counted as additional Tier I capital.
FIB lists €40m perpetual bond issue (NEUTRAL)
14.05.2014 Source: FSC; FFBH