REG - Magyar Fejlesztsi Bk - Issue of EUR denominated public bonds

Erste Bank AGAnnouncement

18/06/2020 11:20

RNS Number : 3687Q
  
Magyar Fejlesztesi Bank
  
18 June 2020
  
 

Announcement
on issue of EUR denominated public bonds
 
MFB Hungarian Development Bank Private Limited Company is pleased to inform its investors that it has issued the following EUR denominated public bonds.
 
MFB Hungarian Development Bank Private Limited Company
EUR 750,000,000 1.375% Notes due 24 June 2025
 



Format


Regulation S




Status


Senior, Unsecured




Pricing date


17 June 2020




Settlement date


24 June 2020




Maturity date


24 June 2025




Currency and amount


EUR 750,000,000




Coupon


1.375%, Fixed, Ann, ACT/ACT, ICMA




Reoffer


99.440% / 1.492% yield / midswap+180 bps




Benchmark


OBL 0 4/25 @ 103.17 / +213.9 bps




ISIN


XS2010030752




Denominations


100,000 + 1,000




Listing


London Stock Exchange




Law


English law




Surety


Statutory first demand absolute direct suretyship




Target Market


MiFID II - Eligible, Professional and Retail counterparties 
(all distribution channels)




Bookrunners


Erste Group, ING and J.P. Morgan



 
Budapest, 18 June 2020
 
 
MFB Hungarian Development Bank Private Limited Company


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