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

Raiffeisen Bank International AGAnnouncement

Thu 08:45

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RNS Number : 7608J  MFB Magyar Fejlesztési Bank  22 May 2025

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 ("MFB")
 Rating          Baa2 (negative) / BBB (stable) (Moody's / Fitch)
 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          Reg S only Category 1 Registered Form
 Status          Senior Unsecured
 Settlement      28 May 2025 (T+5)
 Maturity        27 June 2030
 Amount          EUR 1 billion
 Reoffer spread  MS+215 bps
 Reoffer Yield   4.435%
 Reoffer Price   99.724%
 Bund reference  OBL 2.4 4/2030 (@100.96) +224.7bps
 Coupon          4.375% p.a., FXD, Ann, ACT/ACT, long first coupon
 Listing         London Stock Exchange (Main Market)
 Denominations   €100k + €1k
 ISIN            XS3081701362
 Law             English Law (except for the suretyship under the laws of Hungary)
 Clearing        Euroclear / Clearstream, Luxembourg
 Bookrunners     BNP Paribas (B&D), Erste Group, ING, J.P. Morgan, Morgan Stanley,
                 Raiffeisen Bank International

 

Budapest, 22 May 2025

 

 

MFB Hungarian Development Bank Private Limited Company

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