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BDZ reaches an agreement with the holders of its bonds, terminates asset sales

State-owned railway transportation company BDZ has reached an agreement with the holders of its second bond issue worth EUR 120m. Last year the European Commission approved BGN 224m state aid to BDZ, which would be used for repayment of overdue debt. By reaching an agreement with its creditors, BDZ will also stop the planned assets sales.

Source: BDZ; FFBH

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