INTERCAPITAL PROPERTY DEVELOPMENT ADSIC Interest and amortization payment on a corporate bond issue of the Company
Raport Bieżący nr 39/2013
Intercapital Property Development ADSIC, a company incorporated and conducting business in the Republic of Bulgaria, registered with the Commercial Registry by the Bulgarian Registration Agency under number EIK 131397743, having its seat and registered address in Sofia, 7a Aksakov Street, floor 4 (hereinafter referred to as "ICPD") informs the public of the following:
With the present the Company would like to inform the public of the following: regarding an interest payment for EUR 60 533 and principle amortization payment for EUR 62 500 due at 14.11.2013 that are accrued on a corporate bond issue of ICPD with ISIN code BG2100019079, the Company has not made a payment yet and intends to do so within the terms and conditions set forth in the Document for the offered securities. According to point 4.8. of the Document for the offered securities dated 03.12.2007 for the bond issue, the Company is able to pay any amounts due related to that bond issue within 30 days from the respective due date; such payment would not represent a delay in payments under the issue.
Due to the fact that ICPD did not manage to make the interest and principal payment until 12.11.2013 and in compliance with the decisions of the General Meeting of the Company`s bondholders, held on 06.02.2013, the interest rate that shall be applied over the outstanding bond loan for the next three-month period starting from 15.11.2013, remains in the amount of 7.25% annually.
Legal basis: § 17 Section 3 of the Alternative Trading System Rules NewConnect
Więcej na: http://biznes.pap.pl i http://biznes.pap.pl/espi
kom ebi abs/
