OTP Bank Hungary (f. P Nemo II Bail-in Senior Bond)
Sector: Residential • Location: Regional
Source: European Bank for Reconstruction and Development (EBRD)
The EBRD invested € 75 million in a green senior preferred bond issued by OTP Bank, as part of its total issuance of € EUR 400 million. This is the first green Minimum Requirement for own funds and Eligible Liabilities (MREL)-eligible instrument issued by OTP Bank since the introduction of the EU's Bank recovery and resolution directive (BRRD) and new MREL guidelines. The senior preferred bond has
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | complete |
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 € 75 million in a green senior preferred bond issued by OTP Bank, as part of its total issuance of € EUR 400 million. This is the first green Minimum Requirement for own funds and Eligible Liabilities (MREL)-eligible instrument issued by OTP Bank since the introduction of the EU's Bank recovery and resolution directive (BRRD) and new MREL guidelines. The senior preferred bond has a 3-year maturity, is callable after two years and is listed on the Luxembourg Stock Exchange. |
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 |