The corporate bond issue of FairPlay Properties REIT under the parameters below was successfully subscribed to on 14.08.2006.
– Total nominal value: EUR 4,000,000
– Nominal value per bond: EUR 1,000
– Maturity term: 60 months following the date of issuing
– Security: The issue shall be backed with first mortgage on the right to build a hotel in Bansko and with an insurance of the financial risk.
– Interest rate: Floating 6-month EURIBOR + 4.00% per annum, but not less than 6.75% p.a., payable through 6-month coupon instalments.
