• Black Sea Property subsidiary EPO Aheloy received an indicative offer from a Bulgarian bank for up to EUR 12 million.
• The proposed five-year project loan provides for limited annual installments, with most principal due in a final bullet payment.
• At the maximum loan amount, required shareholder funding totals EUR 4.5 million; BSP's share is approximately EUR 3.4 million.
• Proceeds would repay First Investment Bank and Penchev Consult loans, including interest; refinancing requires credit approval, final agreements and shareholder funding.
• Penchev loan maturity extended to February 28, 2027; extension to April 30, 2027 requires final bank agreement by February 28, 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Black Sea Property AS published the original content used to generate this news brief via NewsWeb, the disclosure sustem operated by Euronext Oslo (Ref. ID: 202610291130OSLOBORSNEWS__EN_3793FED50A24F2BEA6AC5533537E318), on October 29, 2026, and is solely responsible for the information contained therein.