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The successful bond issuance is likely to motivate other private enterprises in Bulgaria and central and eastern Europe. The European Bank for Reconstruction and Development (EBRD) has made a €50m investment in the €500m senior secured bond issuance by Bulgaria’s Eastern European Electric Company (EEEC). The bond issuance signifies the first publicly listed, euro-denominated, benchmark-sized bond by a Bulgarian private firm in international debt capital markets. The issuance was priced on 8 May 2025 and subsequently listed for trading on the Euro MTF market of the Luxembourg Stock Exchange on 15 May.EEEC functions as the energy sub-holding of Eurohold Bulgaria, a leading independent business group in central and southeastern Europe. The group maintains key positions in both the insurance and energy industries, further enhancing its impact in the region. The successful bond issuance is likely to motivate other private enterprises in Bulgaria and central and eastern Europe to seek opportunities in international capital markets. |