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Published on 1/29/2015 in the Prospect News Emerging Markets Daily.

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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