Otthon Centrum issues HUF 2.9 bln bond under BGS
Real estate broker Otthon Centrum yesterday said it issued a HUF 2.9 billion bond under the Bond Funding for Growth Scheme (BGS) of the National Bank of Hungary (MNB), according to gazdasagportal.hu.
Bids for the 10-year bond, auctioned on April 15, came to HUF 5 bln. Average yield was 2.62%.
Otthon Centrum CEO György Kosztolánczy said proceeds from the issue "clear the way for further, dynamic development [... ] and create opportunity for foreign acquisition activity."
Alteo Shareholders Approve HUF 400/Share Dividend
Bulgaria's Household Income, Spending Rise 20% in 2023
Budapest Airport Building on ‘Strong Employer Brand’ and ‘Vi...
Silvanus Hotel Under Reconstruction, Will Reopen in Fall
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.
