Hungary sets talk for dollar-denominated notes due 2031, 2051

By Marisa Wong

Los Angeles, Sept. 14 – Hungary plans to price dollar-denominated notes in two parts due Sept. 22, 2031 and Sept. 21, 2051 as part of a dual-currency offering, according to a market source.

Price talk for the 10-year tranche is in the Treasuries plus 130 basis points area, and talk for the 30-year tranche is in the Treasuries plus 180 bps area.

BNP Paribas Securities Corp., Citigroup Global Markets Inc., Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC are the bookrunners.

Fixed-income investor calls were held on Monday in the United States, Europe and Asia for the offering that also includes euro-denominated notes.

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