24.07.2017, 19:49
MOL entered into EUR 110mn Schuldschein financing as the first Hungarian corporate who utilises the product
Source: MOL Plc.
OREANDA-NEWS. MOL Plc. hereby notifies the market of the following:
MOL Plc. signed a Schuldscheindarlehen ("SSD") Agreement in the amount of EUR 110,000,000 on 24 July 2017. SSD is a loan evidenced by certificate of indebtedness under German law. MOL concluded tranches between 3 and 7 years achieving a favourable average maturity of 5.2 years. Through this debut transaction MOL managed to attract a range of new investors and further diversified its funding sources. The SSD arrangers were COMMERZBANK Aktiengesellschaft, ING BANK, A BRANCH OF ING-DIBA AG and Raiffeisen Bank International AG.
MOL Plc. signed a Schuldscheindarlehen ("SSD") Agreement in the amount of EUR 110,000,000 on 24 July 2017. SSD is a loan evidenced by certificate of indebtedness under German law. MOL concluded tranches between 3 and 7 years achieving a favourable average maturity of 5.2 years. Through this debut transaction MOL managed to attract a range of new investors and further diversified its funding sources. The SSD arrangers were COMMERZBANK Aktiengesellschaft, ING BANK, A BRANCH OF ING-DIBA AG and Raiffeisen Bank International AG.
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