MOL Sets Pricing on Dollar 7Y Bond at Swaps +low 5.00s
September 19 2012 - 4:55AM
Dow Jones News
By Sarka Halas
Hungarian oil company MOL Nyrt. (MOL.BU) has set pricing on its
dollar-denominated, benchmark-sized seven-year bond at around the
low 500 basis points over midswaps, one of the banks running the
deal said Wednesday.
Citigroup and HSBC are the lead managers on the deal.
The issuer is rated BB+ by Moody's Investor Services and BBB- by
Fitch Ratings.
Write to Sarka Halas at sarka.halasova@dowjones.com