27/09/2005

MOL issues Eurobond

MOL Hungarian Oil and Gas Public Limited Company, rated BBB- (Standard & Poor’s), has launched a EUR 750mn fixed rate note offering today.

The notes are due on 5th October 2015, will be priced at 70bp above mid-swap rates, and will pay an annual coupon of 3.875%. Signing of all documentation is scheduled to take place later this week. The notes will be listed on the Luxembourg Stock Exchange.

Joint bookrunners are BNP Paribas and Dresdner Kleinwort Wasserstein.
Stabilisation is FSA/ICMA.

Under no circumstances shall this notice constitute an offer to sell, or issue or the solicitation of an offer to buy or subscribe for notes.