06 Dec 2020 | 16:02

On 4 December 2020 'KARVUNA Ltd.', Republic of the Marshall Islands, which company is solely owned by 'Privat engenering' EAD, a 100% subsidiary of 'Industrial Holding Bulgaria' PLC, in order to secure obligations of IHB Shipping Co. EAD or related local and foreign companies operating with ships, under a Framework Agreement signed with Allianz ban Bulgaria AD for granting a credit line, has established a first priority maritime mortgage in benefit of the bank on its tangible asset - motor vessel (m/v) KARVUNA, flying under IMO № 9468619, registered in the port of Valletta, Malta.

The subsidiary company has got a permission for the establishment of the mortgage form the Managing Board of Industrial Holding Bulgaria PLC in accordance with the requirements of Art. 114, 3 and Art. 114a, 3 of the Public Offering of Securities Act.

The Financial Supervision Commission is informed on 21.10.2020 in accordance with the requirements of Art. 114a, 3 of POSA.


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Industrial Holding Bulgaria AD published this content on 06 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 December 2020 07:22:08 UTC