By Susanna Moon
Chicago, May 28 – MFB Hungarian Development Bank plc priced a HUF 25 billion add-on to its floating-rate bonds due June 28, 2017, according to a notice by Magyar Fejlesztesi Bank.
As previously announced, the coupon is Bubor plus 34 basis points.
The company priced HUF 25 billion of the floaters April 27.
The issuer is based in Budapest.
| Issuer: | MFB Hungarian Development Bank plc
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| Issue: | Floating-rate bonds
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| Issue amount: | HUF 25 billion
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| Total deal size: | HUF 50 billion
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| Maturity: | June 28, 2017
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| Coupon: | Bubor plus 34 bps, payable quarterly
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| Bookrunner: | Bank of Hungarian Savings Cooperatives Co. Ltd.
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| Pricing date: | April 27 for initial HUF 25 billion; May 26 for add-on
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| Settlement date: | April 29 for initial HUF 25 billion; May 27 for add-on
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