We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Name | Symbol | Market | Type |
---|---|---|---|
Mol Magyar Olay Es Gazipari Rt (PK) | USOTC:MGYOY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.16 | 3.98% | 4.18 | 3.83 | 3.91 | 4.18 | 3.86 | 3.935 | 142,965 | 16:51:30 |
By Margit Feher
BUDAPEST--Hungarian oil and gas company MOL Nyrt. (MOL.BU) said Thursday that it had priced its seven-year eurobonds on offer with a historic low coupon and decided to issue the maximum amount due to heavy demand.
MOL, Hungary's largest company by annual revenue, set the annual coupon at 2.625%, it said in a filing with the Budapest Stock Exchange.
That is lower than the marketed 3% coupon. The annual yield will be 2.75%.
Those are the lowest coupon and yield in MOL's history, the company added.
It decided to issue 750 million euros ($851.1 million), the upper limit of its initial EUR500 million to EUR750 million range on offer, due to "overwhelming interest from investors," the company said.
The new bond will refinance the existing EUR750 million bond due 2017.
Write to Margit Feher at margit.feher@wsj.com; Twitter: @margitfeher
(END) Dow Jones Newswires
April 21, 2016 12:12 ET (16:12 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
1 Year Mol Magyar Olay Es Gazip... (PK) Chart |
1 Month Mol Magyar Olay Es Gazip... (PK) Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions