The Bulgaria Financial Supervision Commission approved prospectuses for the admission to trading on a regulated market of two secured, non-convertible bond issues by Rodna Zemlya Holding AD (EUR 15,000,000) and Zenith Investment Holding AD (EUR 7,000,000), and entered both issues in the register of public companies and other issuers of securities. It also authorised a set of appointments at an investment intermediary and several insurers, permitted a direct acquisition of a pension insurer, and terminated a cross-border insurance proceeding at the applicant’s request. Rodna Zemlya Holding’s issue comprises 15,000 dematerialised, registered bonds with a nominal value of EUR 1,000 each, paying a floating rate set at six-month EURIBOR plus 1.00% subject to a 2.75% floor and 5.00% cap, with semi-annual payments, an issue date of 3 July 2025, maturity on 3 July 2032, and ISIN BG2100016257. Zenith Investment Holding’s issue comprises 7,000 bonds of EUR 1,000 each, with a floating rate including a 1.00% margin and a 2.75% floor and 5.75% cap, semi-annual payments, an issue date of 3 July 2025, maturity on 3 July 2033, and ISIN BG2100017255. The FSC also approved Viktoria Ivanova as a Board member of MK Brokers AD, Petya Moneva as Head of the Internal Audit Function of DallBogg Insurance JSC: Life and Health AD, Nick Vincke as a Supervisory Board member of DZI-General Insurance EAD and DZI-Life Insurance EAD, and Zornitsa Vassileva to manage the compliance function at Euroins Insurance Company AD. It permitted Commercial League – Global Pharmacy Center AD to acquire a direct 100% shareholding in Pension Insurance Company DallBogg: Life and Health EAD, noting it already indirectly held 86% so control would not change, and closed proceedings regarding Lev Ins AD’s intended cross-border activities in Germany, France, Portugal and Croatia.

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