Magyar Fejlesztsi Bk - Issue of EUR denominated public bonds

Flint

03/06/2021 10:30

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