Bulgaria's Petrol announces €125 million five-year fixed-rate note offering

By Paul A. Harris

St. Louis, March 14 - Bulgaria's Petrol AD announced in a recent filing with the Bulgaria Stock Exchange that it plans to sell €125 million of five-year global bonds in a public offering.

The proposal to sell the bonds will be put before shareholders in a meeting on May 8, the filing added.

Petrol, a former state-owned monopoly fuel retailer, owns about 450 filling stations in Bulgaria and has headquarters in Sofia.

No further information was provided in the filing, and the company did not immediately respond to a request by Prospect News for more information on Tuesday.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.