The Bulgaria Financial Supervision Commission (FSC) approved the prospectus for the initial public offering and subsequent admission to trading on a regulated market of a bond issue by SOFIA COMMERCE-PAWNSHOPS AD, and entered the issue in the register of public companies and other issuers of securities. It also sent cross-border communications related to the termination of certain ETF offerings and to planned tied-agent activity in Bulgaria. The bond issue comprises up to 2,500,000 ordinary, dematerialised, registered, interest-bearing, freely transferable, unsecured, non-convertible bonds (ISIN BG2100005268), with a nominal and issue value of EUR 1,000 per bond, a fixed annual interest rate of 8.00% payable in six-month periods, and a maturity of seven years from the date of issuance. The FSC notified the competent authority in Slovenia regarding the termination of the offering of units in BTC Expat Slovenia SBI TOP UCITS ETF, BTF Expat Croatia CROBEX UCITS ETF, BTF Expat Serbia BELEX15 UCITS ETF, BTF Expat Macedonia MBI10 UCITS ETF and Expat Bulgaria SOFIX UCITS ETF, which are managed by Expat Asset Management EAD. Separately, it wrote to the Cyprus Securities and Exchange Commission and to CySEC-licensed investment intermediary Freedom Finance Europe Ltd requesting additional information and documents concerning Freedom Finance Europe’s intention to operate in Bulgaria through a tied agent.

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