By Aaron Hochman-Zimmerman
New York, June 14 - Hungarian Development Bank priced a €400 million bond deal with a coupon of 4 7/8% at mid-swaps plus nine basis points.
The state-owned bank is based in Budapest and deals with allocation of public and market resources for development purposes.
Issuer: Hungarian Development Bank
Amount: €400 million
Coupon: 4 7/8%
Spread: | Mid-swaps plus 9 bps
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Pricing date: | June 14
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