Hungary's Mol tightens talk on euro-denominated benchmark 10-year bonds to mid-swaps plus 70-72 bps

By Paul A. Harris

St. Louis, Sept. 26 - Hungarian oil and gas company Mol RT revised price talk on its benchmark-sized euro-denominated 10-year fixed-rate senior unsecured notes (BBB-) offering to mid-swaps plus 70 to 72 basis points from the 75 bps area on Monday, according to market sources.

Pricing is expected to take place on Tuesday.

BNP Paribas and Dresdner Kleinwort Wasserstein are bookrunners for the Regulation S offering.

The company has headquarters in Budapest.

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