Zenith Pure Oil completes HUF 36.6 bn bond issuance
On 18 September 2020 Zenith Pure Oil successfully completed a bond auction for qualified investors in line with the Bond Funding for Growth Scheme announced by the National Bank of Hungary.
Zenith Pure Oil Plc. (“Zenith Pure Oil”) hereby notifies the market of the following:
On 18 September 2020 Zenith Pure Oil successfully completed a bond auction for qualified investors in line with the Bond Funding for Growth Scheme announced by the National Bank of Hungary. The bonds are issued with below terms:
- amount: HUF 36.6 bn
- maturity: 10 years
- Yield: 1.697% (coupon: 1.1%)
- spread over mid-swap: 6 bps
- paying agent: Raiffeisen Bank Zrt.
Zenith Pure Oil intends to have the bonds listed on XBond, a multilateral trading facility operated by Budapest Stock Exchange.