Published on 9/28/2023 in the Prospect News Emerging Markets Daily.
New Issue: MFB Hungarian Development sells €160.88 million 5.3% one-year bonds
By Marisa Wong
Los Angeles, Sept. 28 – MFB Hungarian Development Bank plc sold €160,878,000 of 5.3% bonds due Sept. 26, 2024, according to a notice.
The average yield was 5.64%.
Erste Bank Hungary Ltd., ING Bank NV Hungary Branch, MBH Bank plc, OTP Bank plc, Raiffeisen Bank Hungary and UniCredit Bank Hungary Ltd. were dealers for the issue, which will be listed on the Budapest exchange.
The issuer is based in Budapest.
| Issuer: | MFB Hungarian Development Bank plc
|
| Amount: | €160,878,000
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| Issue: | Bonds
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| Maturity: | Sept. 26, 2024
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| Bookrunners: | Erste Bank Hungary Ltd., ING Bank NV Hungary Branch, MBH Bank plc, OTP Bank plc, Raiffeisen Bank Hungary and UniCredit Bank Hungary Ltd.
|
| Coupon: | 5.3%
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| Yield: | 5.64%
|
| Trade date: | Sept. 26
|
| Settlement date: | Sept. 28
|
| Listing: | Budapest
|
| ISIN: | HU0000362983
|
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