Eurohold Bulgaria AD

Capital/Financing Update • Dec 21, 2020

NEWS RELEASE

Eurohold Bulgaria held the first general meeting of the bondholders of its second issue of corporate bonds

Sofia, 21 st of December 2020 - On December 18th , Еurohold Bulgaria AD, a leading independent business group operating in the CEE/SEE/CIS region, carried out the first general meeting of the bondholders of its second issue of corporate bonds that was placed under the terms of an initial private placement.

At the general meeting, the bondholders appointed Financial House Ever AD as a bond trustee of the issue and approved the contract between the bond trustee and the bond issuer.

The bond loan has a total nominal and issue value of EUR 30 000 000, divided into 30 000 number of bonds. The bonds are of the same class and give equal rights to their holders. The nominal annual interest rate is fixed at 3.25%. The interest will be paid every 6 months.

The purpose of the bond loan is the improvement of the capital structure of the holding by repaying short-term and/or long-term liabilities as well as providing support for the operational activity of the bond issuer's subsidiaries, including the capital increase of the insurance subholding - Euroins Insurance Group AD.

Eurohold Bulgaria AD

Eurohold Bulgaria is a leading independent business group in the CEE/SEE/CIS region operating in the field of insurance, leasing, car sales, asset management and investment services. It is listed on the BSE and the WSE. It owns Euroins Insurance Group (EIG), one of the largest independent insurance groups in the CEE/SEE/CIS region, which operates in 11 countries and owns subsidiaries in Bulgaria, Romania, North Macedonia, Ukraine, Georgia, Russia and Belarus. EIG also operates in Greece and Poland, and has niche insurance operations in Spain and Italy. Currently the insurance group has more than 2.5 million clients and over 3000 employees.

www.eurohold.bg www.eig.bg