Sofia Commerce - Pawnshop A.D. (GSC) plans to issue up to BGN 5 million in convertible bonds (25.02.2013)

The proceeds from the issue will be used to acquire competitors and boost liquidity. The yield on the bonds will be 12% per annum, uncollateralized, freely transferable and convertible. The firm will issue 50,000 bonds with maturity of 36 months (3 years) and EUR 100.00 face value.