Chicago, Nov. 16 – MFB Hungarian Development Bank plc issued €28.05 million 2.5% bonds due June 26, 2024, according to an announcement.
The fourth tranche priced with an average yield of 5.48%. The notes were auctioned on Nov. 14.
The dealers were Erste Bank Hungary Ltd., ING Bank NV Hungary Branch, MKB Bank plc, MTB Bank of Hungarian Savings Cooperatives Co. Ltd, OTP Bank plc, Raiffeisen Bank Hungary and UniCredit Bank Hungary Ltd.
Listing will be on the Budapest Stock Exchange.
The issuer is based in Budapest.
| Issuer: | MFB Hungarian Development Bank plc
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| Amount: | €28.05 million
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| Issue: | Bonds
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| Maturity: | June 26, 2024
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| Bookrunners: | Erste Bank Hungary Ltd., ING Bank NV Hungary Branch, MKB Bank plc, MTB Bank of Hungarian Savings Cooperatives Co. Ltd, OTP Bank plc, Raiffeisen Bank Hungary and UniCredit Bank Hungary Ltd.
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| Coupon: | 2.5%
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| Yield: | 5.48%
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| Auction date: | Nov. 14
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| Settlement date: | Nov. 16
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| ISIN: | HU0000361779
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