REG - Magyar Fejlesztsi Bk - Investor calls

Raiffeisen Bank International AGAnnouncement

Mon 10:45

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RNS Number : 1985J  MFB Magyar Fejlesztési Bank  19 May 2025

MANDATE: MFB Hungarian Development Bank EUR Benchmark 5Y Reg S Bonds

 

MFB Hungarian Development Bank Private Limited Company (MFB - Ticker: MAGYAR),
rated Baa2 (negative) by Moody's and BBB (stable) by Fitch, has mandated BNP
Paribas, Erste Group,  ING, J.P.Morgan, Morgan Stanley and Raiffeisen Bank
International as Joint Lead Managers in connection with an EUR-denominated
senior unsecured benchmark transaction. A Global Investor Call will be held
today, 19 May 2025, at 10:30 UKT / 11:30 CET alongside a series of virtual
fixed-income investor meetings, also commencing on 19 May 2025.

The EUR-denominated 5-year senior unsecured Regulation S benchmark transaction
in Registered format (the Notes) is expected to follow in the near future,
subject to market conditions. MFB's obligations under the Notes are guaranteed
by a statutory first demand absolute direct suretyship in accordance with
Hungarian legislation pursuant to the MFB Act. The Notes are expected to be
rated Baa2 by Moody's and BBB by Fitch.

Relevant stabilization regulations including FCA/ICMA apply. Manufacturer
target market (MiFID II product governance) is professional investors and ECPs
target market (all distribution channels). No PRIIPs key information document
(KID) has been prepared as not available to retail investors in EEA or UK.

 

THIS ANNOUNCEMENT MAY NOT BE DISTRIBUTED, DIRECTLY OR INDIRECTLY, IN OR INTO
OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OR TO ANY U.S.
PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF
1933, AS AMENDED, THE "SECURITIES ACT") OR INTO ANY OTHER JURISDICTION OR TO
ANY OTHER PERSON WHERE OR TO WHOM IT IS UNLAWFUL TO DISTRIBUTE THIS
ANNOUNCEMENT

 

This announcement shall not constitute an offer to sell or the solicitation of
an offer to buy any securities described herein in any jurisdiction where such
offer or solicitation would be unlawful. No action has been taken that would
permit an offering of securities or possession or distribution of this
announcement in any jurisdiction where action for that purpose is required.
Persons into whose possession this announcement comes are required to inform
themselves about and to observe any such restrictions.

 

The Notes have not been and will not be registered under the Securities Act or
any securities laws of any state or other jurisdiction of the United States
and accordingly may not be offered and sold within the United States or to, or
for the account or benefit of, U.S. persons (as defined in Regulation S under
the Securities Act) except pursuant to an exemption from, or in a transaction
not subject to, the registration requirements of the Securities Act and
applicable state or local securities laws.

 

In member states of the EEA, this announcement is directed only at persons who
are "qualified investors" within the meaning of Regulation (EU) 2017/1129. In
the UK, this announcement is directed only at persons (a) have professional
experience in matters relating to investments falling within Article 19(5) of
the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005
(the "Order") or (b) falling within Article 49(2) of the Order to whom this
announcement may lawfully be distributed (all such persons together being
referred to as "relevant persons"). This announcement is directed only at
relevant persons and must not be acted on or relied on by persons who are not
relevant persons. Any investment or investment activity to which this
announcement relates is available only to relevant persons and will be engaged
in only with relevant persons. This communication is being distributed to, and
is directed only at, persons in the United Kingdom in circumstances where
section 21(1) of Financial Services Market Act 2000, as amended, does not
apply.

 

A rating is not a recommendation to buy, sell or hold securities and may be
subject to revision, suspension or withdrawal at any time by the assigning
rating organisation.

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