Public Offering of Securities

The main activities related to public offering of securities, which BenchMark performs, are:

Structuring of Equity and Bond Issues

The structuring and listing of securities issues involve thorough analysis of the financial and market activity of the company and the investors’ interest. In relation to this BenchMark’s experts undertake the following actions:

  • Setting the issue’s general parameters
  • Assessing the investors’ interest in the issue
  • Making detailed cash flow projections
  • Preparing a prospectus for the public offering of securities and its attachments
  • Drafting all documents required with respect to the listing of the issue on the BSE–Sofia

Listing of Public Companies and Issues

BenchMark undertakes the following procedures: 

  • Registration of the issue with Bulgarian National Bank and Central Depository JSCo, as well as entering the company in the Public Companies Register with the Financial Supervision Commission 
  • Preparation of a prospectus for an initial or secondary public offering
  • Listing of the issue on BSE-Sofia

Structuring of Managing Companies, Investment Companies, and Special Investment Purpose Vehicles

The basic services, which BenchMark offers with respect to the above mentioned companies, are:

  • Preparing a detailed financial model and drafting all the documents for incorporation and licensing of the company 
  • Structuring the company

Placing the Issue 

A determined by the Company portion of the issue is offered to potential investors. BenchMark prepares a strategy for attracting investors and also participates in presenting the issue to potential investors.