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Wingholding corporate bonds take wing

Debt

pixabay

Hungarian property developer Wingholding sold €11.35 million of corporate bonds at auction on July 20, the company said Friday, according to Hungarian news agency MTI.

Wingholding accepted all offers at the auction at an average yield of 4.21%. 

The 11,350 bonds will be listed on the Budapest Stock Exchange. The total nominal value of the bond series will be €29.73 mln. The three-year bonds pay fixed annual interest of 4.00%.

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