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OTPIY OTP Bank Ltd (PK)

0.00
0.00 (0.00%)
Last Updated: 18:22:52
Delayed by 15 minutes
Share Name Share Symbol Market Type
OTP Bank Ltd (PK) USOTC:OTPIY OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 24.24 25.99 0.00 18:22:52

OTP Mortgage Bank Prices EUR510 Million 2015 Bond at Par

30/08/2012 1:15pm

Dow Jones News


OTP Bank (PK) (USOTC:OTPIY)
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Hungary-based OTP Mortgage bank has priced its 510 million euro ($639.97 million) bond, the bank running the deal said Thursday.

BNP Paribas was the sole lead manager of the deal.

The terms of the transaction are as follows:

 
Amount:           EUR510 million 
Maturity:         March 6, 2015 
Reoffer Price:    100.00 
Payment Date:     September 6, 2012 
Spread:           400 basis points over the three-month Euribor 
Debt Ratings:     Baa3(Moody's) 
Denominations:    EUR100,000 
Listing:          Luxembourg 
Interest:         Annual 
 

Write to Sarka Halas at sarka.halasova@dowjones.com

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