Bulgaria Financial Supervision Commission approves Severcoop EUR 7 million bond prospectus and Central Cooperative Bank up to EUR 50 million eligible liabilities bond prospectus

The Bulgaria Financial Supervision Commission approved prospectuses supporting the admission to trading of two bond issues on a regulated market, including an up to EUR 50 million Central Cooperative Bank issue structured to meet the requirements for instruments of eligible liabilities under the Law on Recovery and Resolution of Credit Institutions and Investment Firms. It also registered Innovation Capital II as a manager of alternative investment funds and advanced draft changes to the framework for qualifying and reporting by responsible actuaries. Severcoop – Gamza Holding’s bond issue totals EUR 7 million across 7,000 dematerialised registered bonds of EUR 1,000 each, with a floating coupon of 6-month EURIBOR plus 1.25% subject to a 3.00% floor and 5.50% cap, paid semi-annually, and maturing on 15.12.2033 (ISIN BG2100044259); the issue was entered in the register of public companies and other issuers of securities for trading on a regulated market. Central Cooperative Bank’s issue totals up to EUR 50 million across up to 500 dematerialised registered bonds of EUR 100,000 each, with a fixed rate payable annually, a four-year term, and issuer call options including from and at any time after year three, as well as tax and eligible-liability disqualification calls (ISIN BG2100011266); the prospectus allows additional issuance up to 12 months after approval if the initial offer is below the maximum, and the issue was entered in the relevant securities register as being in the issuance process. For Ordinance No. 31 on the examination and recognition of the legal capacity of a responsible actuary and the form and content of actuarial certifications and reports under the Insurance Code and Social Security Code, the draft amendments and motives were published for comment, with submissions open until 31.03.2026.