Bulgaria's Eurohold raises over 157 million levs in capital increase

EuroHold Bulgaria AD

07/07/2021 16:06

SOFIA, July 7 (Reuters) - Bulgaria's Eurohold  EUBG.BB  said
on Wednesday it has raised  157.5 million levs  ($95.03 million)
in a capital increase needed to help it finance the acquisition
of the Bulgarian assets of Czech utility CEZ  CEZP.PR .
    Financial and insurance group Eurohold said it has sold 63
million new shares at 2.5 levs per share out of 79 million
offered, which will bring the company's market capitalisation to
650 million levs.
($1 = 1.6573 leva)

 (Reporting by Tsvetelia Tsolova;Editing by Elaine Hardcastle)
 ((tsvetelia.tsolova@thomsonreuters.com; +359-888-311-435;))