Financing

BONDS

Outstanding senior and hybrid bonds

Issuer Guarantor Currency Volume (m) Tenor Issue date Maturity date Coupon Listing ISIN number Base Prospectus
MOL Plc   EUR 750 7 28.4. 2016 28.4. 2023 2.625% Irish SE XS 1401114811 Prospectus
MOL Group Finance SA MOL Plc USD 500 7 26.9. 2012 26.9. 2019 6.25% Luxembourg SE XS 0834435702 Prospectus

 

Summary of bonds at MOL

  • EUR bonds
    In 2016 MOL has also issued EUR 750 million fixed rate Eurobond notes. The notes are due on 28th April 2023, pay an annual coupon of 2.625%. The notes are listed on the Dublin Stock Exchange.
  • USD bonds
    In 2012 MOL Group Finance S.A. (100% subsidiary of MOL Plc.) issued USD 500 million fixed rate bond guaranteed by MOL Plc. The notes have a 7-year maturity, when issued, pay an annual coupon of 6.250% and are listed on the Luxembourg Stock Exchange.

All programmes are senior, unsecured.

MATURITY PROFILE (USD)

 

CREDIT RATING

RATING SUMMARY

Rating agency Foreign long term Local long term Outlook Latest rating action publishing date
Fitch BBB- BBB- Stable 12 December, 2018
Standard and Poor's BBB- BBB- Stable 21 September, 2018

 

RATING HISTORY

Képernyőfotó 2019-04-08 - 14.16.30-orahyk2xzg-k2izers6dg.png
Képernyőfotó 2019-04-08 - 14.16.30-orahyk2xzg-k2izers6dg.png

 

Képernyőfotó 2019-04-08 - 14.16.12-4wbh8vs73t.png
Képernyőfotó 2019-04-08 - 14.16.12-4wbh8vs73t.png

 

BOND RATINGS

Issuer Bond Maturity date Rating S&P Rating Fitch Type Guarantor
MOL EUR 750 MN 28.4.2023. BBB- BBB- Senior unsecured  
MOL Group Finance S.A. USD 500 MN 26.9.2019. BBB- BBB- Senior unsecured MOL

 

RATING REPORTS

Fitch

File Title
FITCH affirms MOL Hungarian oil and gas company at 'BBB-'; Outlook stable
FITCH affirms MOL at 'BBB-'; Outlook stable
FITCH revises MOL’s outlook to stable; Affirms at ’BBB-’
FITCH affirms MOL at 'BBB-'; Outlook negative
Update: MOL Hungarian Oil and Gas Company Plc
Rating action commentary: Fitch Affirms MOL at 'BBB-'; Outlook negative
Non-rating action commentary: Fitch: North Sea Acquisition Neutral; INA More Important for MOL's Credit Profile
Rating action commentary: Fitch Revises MOL's Outlook to Negative; Affirms at 'BBB-'
Update: MOL Hungarian Oil and Gas Company Plc 2013

S&P

File Title
S&P affirms MOL at 'BBB-'; Outlook stable
S&P upgrades MOL‘s long-term credit rating to BBB- investment grade with stable outlook
MOL Hungarian Oil And Gas PLC Outlook Revised To Positive From Stable On Improved Credit Metrics; 'BB+' Ratings Affirmed
Standard & Poor’s raised the long-term corporate credit rating of MOL to BB+
MOL Hungarian Oil and Gas Outlook Revised To Positive On Strong Operating Performance; 'BB' Rating Affirmed
Summary: MOL Hungarian Oil and Gas Plc.
Research Update: MOL Hungarian Oil and Gas Downgraded To 'BB' On Ongoing Uncertainty Over INA Stake; Off Watch; Outlook Stable
Research Update: MOL Hungarian Oil and Gas PLC On Watch Negative Pending Negotiations On Cooperation With The Croatian State
Research Update: MOL Hungarian Oil and Gas Outlook Revised To Negative After Similar Rating Action On The Sovereign
Bulletin: MOL Hungarian Oil and Gas PLC 'BB+' Ratings Not Affected By Downgrade Of Hungary