ELANA AgroCredit AD capital increase - may 2024
Capital increase of
ELANA AgroCredit AD
ELANA AgroCredit AD is a leading non-bank financial institution financing farmers in Bulgaria. The company provides leasing for the acquisition of agricultural land and working capital loans on flexible terms and conditions and for the last 10 years has supported over 500 small and medium farmers in the country, investing over BGN 220 million.
Parameters of the offering
| Issuer | ELANA AgroCredit AD |
|---|---|
| Type of transaction | Capital increase |
| Capital raised | BGN 11 million |
| Share issue price | BGN 1.10 |
| Use of funds | Portfolio increase |