23.12.2021: Profitable issuance of first tranche of Fibank’s program for issuance of perpetual, non-cumulative, unsecured, super-subordinated, non-convertible bonds

AT:

Monetary management fee

Supervision of funding actions

16 Budapest Road

Sofia

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Bulgarian Inventory Alternate – Sofia AD

6 Tri Ushi Road.

Sofia

The general public by way of x3news

23 dec. 2021

D: Profitable situation of the primary tranche of Fibank’s program for the issuance of perpetual, non-cumulative, unsecured, extremely subordinated and non-convertible bonds that meet the extra Tier 1 capital necessities throughout the that means of Artwork. 52 of Regulation (EU) No 575/2013, with a complete quantity of as much as 100 million euros

DEAR SIRS,

We hereby inform you that First Funding Financial institution has efficiently accomplished the non-public providing of the primary tranche of its one-year program for the issuance of perpetual, non-cumulative, unsecured, extremely subordinated and non-convertible bonds which meet extra Tier 1 capital necessities. throughout the that means of artwork. 52 of Regulation (EU) No 575/2013, for a complete quantity of as much as 100 million euros. The tranche had a complete nominal and situation worth of 17,133,000 EUR, and the minimal subscription quantity of 5,000,000 EUR required for the profitable completion of the problem was exceeded greater than 3 times. The tranche has no finish date or maturity, at a set annual rate of interest of 8%.

The minimal face worth of a bond was 100,000 euros (100 thousand) with a doable extra funding (step) above this quantity of 1,000 euros (one thousand), ie a a number of quantity of 1,000 euros (one thousand).

The relevant legislation is the legislation of England and Wales, excluding sure circumstances regarding the regulatory nature of the bonds, corresponding to extra class 1 capital throughout the that means of artwork. 52 of Regulation (EU) No 575/2013, for which the legislation of the Republic of Bulgaria will probably be relevant.

The bonds have been issued in world type, with clearing by way of Clearstream Banking SA. The difficulty will probably be listed on the Luxembourg Inventory Alternate (regulated market).

The bond situation will permit the Financial institution to optimize its prices. The funds will probably be used for the implementation of the Financial institution’s long-term technique for lending to small and medium-sized enterprises and people, in addition to, if doable, for the alternative of devices indicated within the one-year program.

CORDIALLY,

(signal)

(signal)

Nikola Bakalov

Svetozar Popov

Chief govt officer

Government Director

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