Wingholding had offered HUF 25 bln of the securities with a 3% annual coupon.
Bids reached HUF 25.3 bln. Average yield was 3.44%, 27 basis points over mid-swaps.
In August, Wingholding published a framework for the issue of green bonds to increase its investments in "green and sustainable" projects by developing new buildings with improved energy efficiency and upgrading the energy efficiency of existing buildings. Wingholding raised HUF 54.4 bln with a BGS bond issue in the spring of 2020.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
