01 Oct 2020

MOL completed EUR 650,000,000 Eurobond pricing

The pricing process related to the issuance of EUR 650mn senior unsecured notes (Eurobond) was closed on 1 October, 2020 with the following terms

MOL Plc. (“MOL”) hereby notifies the market of the following:

the pricing process related to the issuance of EUR 650mn senior unsecured notes (Eurobond) was closed on 1 October, 2020 with the following terms:

  • amount: EUR 650mn
  • maturity: 7 years
  • annual coupon: 1.5%
  • yield: 1.64%

The issuance of the notes is subject to the signing and completion of the relevant documentation, which is expected to take place on the week starting with the 5 October, 2020.

Mr. József Simola, MOL Group CFO, commented:

“I am delighted that we are able to announce today a Eurobond issue priced at the lowest yield level in our corporate history. MOL successfully tapped debt capital markets in turbulent times. This transaction is yet another proof of MOL Group’s financial resilience.”