Albena – structuring, private placement, and management of a bond issue (2000)

Albena is a listed Bulgarian company operating mainly in the hospitality and tourism industry. Albena owns multiple hotels and manages many subsidiaries in industries supporting the core business - transport, medicine and spa, tour operator activity, agriculture and construction.

The Financial Supervision Commission approved the prospectus of Albena for admission to trading on a regulated market of corporate bonds. The issue was in the amount of EUR 2.6mn.

Bulbrokers Consulting advised Albena on the implementation of the procedure for release of the bond issue to trading on the stock exchange. Bulbrokers Consulting also acted as a manager of the bond issue.