Brief: Magyar Telekom plans to participate in Hungary central bank's bond scheme

Magyar Telekom Telecommunications Public

28/08/2020 12:37

Aug 28 (Reuters) - Magyar Telekom says in an emailed
statement:
    * HAS INITIATED REVIEW OF ITS EXTERNAL FUNDING FRAMEWORK
    * AIM IS TO DIVERSIFY AND ENHANCE MATURITY PROFILE OF THE
COMPANY'S DEBT PORTFOLIO AND OBTAIN FUNDING SOURCES WITH
COMPETITIVE PRICING
    * SAYS PLANS TO PARTICIPATE IN THE BOND FUNDING FOR GROWTH
SCHEME
OF THE NATIONAL BANK OF HUNGARY
    * TIMING, TERMS OF PLANNED BOND ISSUANCE WILL BE DETERMINED
AT A
LATER STAGE


Further company coverage: [MTEL.BU ]

 (Reporting by Krisztina  Than)
 ((Krisztina.Than@thomsonreuters.com;))