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Elana Agrocredit repays earlier BGN 4.5m bank debt (NEUTRAL)

Elana Agrocredit repaid BGN 1.3m remaining principal on a 2016 bank loan to SG Expressbank. Furthermore, the financial leasing company is going to settle its obligations to EBRD ahead of schedule. It would repay the remaining BGN 3.2m balance on 15 July. Elana Agrocredit will use funds from the BGN 19.8m share issue it completed in April.

Source: Elana Agrocredit; FFBH

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