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Hungary’s OTP Mortgage Bank guides €500 million 2.5-year notes at Euribor plus 65 bps
By Christine Van Dusen
Atlanta, Jan. 29 – Hungary’s OTP Mortgage Bank Ltd. set talk at Euribor plus 65 basis points for a €500 million offering of floating-rate notes due July 28, 2017 (Baa2), a market source said.
BNP Paribas is the bookrunner for the deal, which is expected to price on Thursday.
OTP is a lender based in Budapest.
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