Bulgarian Energy Holding launches maiden Eurobond

Newswire

By Davide Scigliuzzo and Tsvetelia Tsolova LONDON/SOFIA, Oct 31 (IFR/Reuters) - Bulgaria's state-owned energy holding BEH has launched its maiden Eurobond issue, through which it is set to raise 500 million euros ($688.55 million). An order book of approximately 1.2 billion euros allowed the company to tighten pricing on the five-year bond on Thursday to a final spread of 320bp over mid-swaps, from revised guidance of 325bp area. Following ...

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