Published on 9/25/2014 in the Prospect News Emerging Markets Daily.
New Issue: Magyar Export-Import Bank prices $500 million 4% notes due 2020
By Christine Van Dusen
Atlanta, Sept. 25 – Magyar Export-Import Bank (Hungary Eximbank) sold $500 million 4% notes due Jan. 1, 2020 at a yield of 4.15% on Thursday, a market source said.
Deutsche Bank, JPMorgan and UniCredit were the bookrunners for the deal.
Other details were not immediately available on Thursday.
The issuer is based in Budapest.
| Issuer: | Magyar Export-Import Bank (Hungary Eximbank)
|
| Amount: | $500 million
|
| Maturity: | Jan. 1, 2020
|
| Description: | Notes
|
| Bookrunners: | Deutsche Bank, JPMorgan, UniCredit
|
| Coupon: | 4%
|
| Yield: | 4.15%
|
| Trade date: | Sept. 25
|
| Settlement date: | Oct. 2
|
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