Having regard to the invitation to tender published by the Company for providing a financial service “Financing”, e.g. bank financing in the form of a loan to finance Bulgartransgaz EAD investment costs in line with Invitation BTG No.BTG 24-00-397/ 08.02.2021, Bulgartransgaz EAD informs all interested parties that additional information on the procedure will be uploaded in an information package the access to which will be granted to all financial institutions that sent  the filled in and signed Confidentiality Declaration /Appendix 4 to Invitation No. BTG 24-00-397/ 08.02.2021/.

We would also like to make the following clarification to item 1.4 and item 1.8 of Invitation BTG No.24-00-397/08.02.2021:

Notwithstanding item 1.4 of the Invitation, participants in the procedure may offer an interest rate on the proposed financing, representing a totality of 1-month EURIBOR* + a margin, where the proposed margin shall not exceed 2.5% on an annual basis for each individual year. Participants who offered an interest rate, representing a totality of 1-month EURIBOR* + a margin shall not be disqualified. The proposed margin shall include all fees and commissions.

Notwithstanding item 1.8 of the Invitation, participants in the procedure may offer an interest rate on the provided collateral in US dollars, representing a totality of 1-month LIBOR** + a margin. Participants who offered an interest rate, representing a totality of 1-month LIBOR** + a margin shall not be disqualified.

For the purpose the assessment, in case of an offer submitted by a participant with an interest rate, representing a totality of 1-month EURIBOR* + a margin to the provided financing, or an interest rate accordingly representing a totality of 1-month LIBOR* + a margin to the provided collateral in US dollars, the proposed margin will only be assessed.

Note: *In case EURIBOR/ LIBOR is negative, it shall be considered to be 0 (zero).

** The annual interest rate margin on the provided collateral must be of a positive value.