OTP Bank Hungary - senior preferred bond
Sector: Residential • Location: Regional
Source: European Bank for Reconstruction and Development (EBRD)
The EBRD invested €40 million in a 3.25NC2.25 senior preferred bond issued by OTP Bank Plc. ("OTP"), as part of its €650 million public bond issuance. The bonds are rated BBB (S&P) and listed on the Luxembourg Stock Exchange. This was followed by $20 million investment in 10.25NC5.25 Tier2-eligible subordinated bonds, as part of its $650 million public issuance that was listed on the Luxembourg St
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | signed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The EBRD invested €40 million in a 3.25NC2.25 senior preferred bond issued by OTP Bank Plc. ("OTP"), as part of its €650 million public bond issuance. The bonds are rated BBB (S&P) and listed on the Luxembourg Stock Exchange. This was followed by $20 million investment in 10.25NC5.25 Tier2-eligible subordinated bonds, as part of its $650 million public issuance that was listed on the Luxembourg Stock Exchange. OTP will allocate the equivalent amount of the EBRD's investment in green projects in Hungary and up to 10 regions outside Hungary where OTP has subsidiaries, in particular: Albania, Bulgaria, Croatia, Moldova, Montenegro, Romania, Serbia, Slovenia, Ukraine and Uzbekistan (once acquisition is completed). |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |