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

Erste Bank AGAnnouncement

03/06/2021 11:35

RNS Number : 7348A
  
MFB Magyar Fejlesztési Bank
  
03 June 2021
  
 

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.
 



Issuer


MFB Hungarian Development Bank Private Limited Company




Rating


BBB (stable) / Baa3 (positive) (Fitch / Moody's)




Surety


The Issuer's obligations under the Notes have the benefit of a statutory first demand absolute direct suretyship in respect of the Issuer's funding activities in accordance with the underlying legislation (MFB Act)




Format


Regulation S, Registered




Settlement


9 June 2021 (T+5)




Tenor


5y




Maturity


9 June 2026




Size


EUR 500mn




Reoffer spread


MS+70bps




Reoffer Yield


0.427%




Reoffer Price


99.743




Benchmark


OBL 0 04/10/26 #183 (102.842 B+100.3)




Coupon


0.375% Fixed, Annual, Act/Act




Listing


London Stock Exchange




Denoms


€100k x €1k




ISIN


XS2348280707




Law


English




Clearing


Euroclear / Clearstream




Bookrunners


Citi(B&D)/Erste Group/ING/UniCredit




Stabilisation


FCA / ICMA



 
 
Budapest, 3 June 2021
 
 
MFB Hungarian Development Bank Private Limited Company

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
  END
 
 
IODMZGGVLFDGMZG