ADVERTISEMENT

MOL signs agreements for $500 mln bond offer

Automotive


Hungarian oil and gas company MOL announced late Monday that is signed agreements for a $500 million corporate bond offering.

The agreements were signed by MOL's wholly-owned unit MOL Group Finance, as issuer, and by MOL as guarantor.

The issue is the first under MOL's Euro Medium Term Note Program from September 12, 2012.

The notes will be listed on the Luxembourg Stock Exchange after settlement, on September 26.

The bonds mature in seven years and carry a yield of 6.438% with an annual coupon of 6.250%.

ADVERTISEMENT

Average age of coronavirus patients declining Analysis

Average age of coronavirus patients declining

Parl't votes to phase out savings coops integration framewor... Parliament

Parl't votes to phase out savings coops integration framewor...

Roche Szolgáltató appoints P&C business partner lead Appointments

Roche Szolgáltató appoints P&C business partner lead

Budapest airport shuttle bus service expanded City

Budapest airport shuttle bus service expanded

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.