📋 Tender Overview
Identification Code:
OP/25/0021
Total Operation Cost:
600.000.000
Maturity:
84 months
Operation Status:
BSTDB Approved Amount
40.000.000 EUR
Approval Date
03 Jun 2025
BSTDB Signed Amount
40.000.000 EUR
Signed Date
10 Jun 2025
Status:
Active
Description and Purpose of the Operation:
EUR 40 million participation in the corporate bond issuance (the Bond) by the Bulgarian Energy Holding EAD (BEH, the Issuer). The net proceeds from the Bond will be used for general corporate purposes, including the repayment of outstanding indebtedness, such as the bonds maturing in June 2025. The Issuer shall procure that all amounts raised through the issuance of the BSTDB bonds shall be applied to the implementation of the certain investment projects of the Issuer in connection to its operations in Bulgaria. EUR 40 million participation in the corporate bond issuance (the Bond) by the Bulgarian Energy Holding EAD (BEH, the Issuer). The net proceeds from the Bond will be used for general corporate purposes, including the repayment of outstanding indebtedness, such as the bonds maturing in June 2025. The Issuer shall procure that all amounts raised through the issuance of the BSTDB bonds shall be applied to the implementation of the certain investment projects of the Issuer in connection to its operations in Bulgaria.
Countries of Operation:
Bulgaria (100,00 %)
Financial Product:
Loans
Sector:
Utilities
Domain:
Private
Borrower/Client:
Bulgarian Energy Holding EAD is the parent company of a group of subsidiaries and affiliates primarily engaged in electricity generation, transmission, and supply, as well as natural gas transmission, supply, and storage, and coal mining. BEH holds a leading position in both the electricity and gas markets in Bulgaria, and also plays a significant role in the regional energy sector through electricity exports to the Balkans. BEH owns and operates Bulgaria’s main electricity generation assets, the national electricity transmission grid, and the natural gas transmission and transit networks. In addition, the Group serves as the public supplier of electricity and natural gas in Bulgaria, underscoring its role as a strategically important, state-owned enterprise and a central player in the Bulgarian energy sector.
Co-Financiers/Participants:
N.A.
Guarantors/Sponsors:
N.A.
Developmental and Regional Cooperation Impact:
The financing supports the development of the energy sector in Bulgaria, reflecting BEH’s role as the incumbent, 100% state-owned electricity and gas utility. BEH makes a substantial contribution to Bulgaria’s energy security, as well as to the country’s GDP and overall economic Growth.The financing supports the development of the energy sector in Bulgaria, reflecting BEH’s role as the incumbent, 100% state-owned electricity and gas utility. BEH makes a substantial contribution to Bulgaria’s energy security, as well as to the country’s GDP and overall economic growth.
Environmental Classific
