Hungarian Development Bank to price euro-denominated benchmark five-year notes

By Rebecca Melvin

New York, June 16 – MFB Hungarian Development Bank plans to price a euro-denominated benchmark offering of five-year notes, subject to market conditions, according to a market source.

The lender has selected Erste Group, ING and JPMorgan as joint lead managers and joint bookrunners to manage the Regulation S offering.

A global investor call is scheduled on Tuesday followed by a series of fixed-income investor calls.

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