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Csányi buys €23 mln in MOL bonds

Analysis

Sándor Csányi, the deputy chairman of Hungarian oil and gas company MOL, has acquired MOL corporate bonds with a nominal value of €23 million, MOL disclosed on the website of the Budapest Stock Exchange (BSE), Hungarian news agency MTI reported today.

Csányiʼs Sertorius Global Opportunities Fund, based in Singapore, bought €20 mln of the bonds and Csányi purchased another €3 mln of the papers directly. 

The bonds were purchased at a price of 99.3%. The bonds mature in 2023 and carry a coupon of 2.625%. 

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