By Mary-Katherine Stinson
Lexington, Ky., Nov. 17 – MFB Hungarian Development Bank plc issued HUF 2 billion of 7.8% bonds due Nov. 26, 2025, according to an announcement.
The third tranche, identified as MFB202511/1 bond, priced with an average yield of 11.9%. The notes were auctioned on Nov. 15.
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
|
| Amount: | HUF 2 billion
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| Issue: | Bonds
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| Maturity: | Nov. 26, 2025
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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.
|
| Coupon: | 7.8%
|
| Yield: | 11.9%
|
| Auction date: | Nov. 15
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| Settlement date: | Nov. 17
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| ISIN: | HU0000361761
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