RNS Number : 7348A
MFB Magyar Fejlesztési Bank
03 June 2021
Announcement
on issue of EUR denominated public bonds
MFB Hungarian Development Bank Private Limited Company is pleased to inform its investors that it has issued the following EUR denominated public bonds.
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Issuer
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MFB Hungarian Development Bank Private Limited Company
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Rating
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BBB (stable) / Baa3 (positive) (Fitch / Moody's)
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Surety
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The Issuer's obligations under the Notes have the benefit of a statutory first demand absolute direct suretyship in respect of the Issuer's funding activities in accordance with the underlying legislation (MFB Act)
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Format
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Regulation S, Registered
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Settlement
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9 June 2021 (T+5)
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Tenor
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5y
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Maturity
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9 June 2026
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Size
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EUR 500mn
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Reoffer spread
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MS+70bps
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Reoffer Yield
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0.427%
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Reoffer Price
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99.743
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Benchmark
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OBL 0 04/10/26 #183 (102.842 B+100.3)
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Coupon
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0.375% Fixed, Annual, Act/Act
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Listing
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London Stock Exchange
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Denoms
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€100k x €1k
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ISIN
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XS2348280707
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Law
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English
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Clearing
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Euroclear / Clearstream
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Bookrunners
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Citi(B&D)/Erste Group/ING/UniCredit
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Stabilisation
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FCA / ICMA
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Budapest, 3 June 2021
MFB Hungarian Development Bank Private Limited Company
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