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Kapolyi Law Firm Advises FHB in MFB’s Bond Issuance

Hungary
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Kapolyi Law Firm has advised FHB Commercial Bank, one of the joint lead managers in MFB Hungarian Development Bank’s bond listing.

MFB announced on August 31, 2015, that it submitted the following originally privately placed domestic bonds to the Budapest Stock Exchange: MFB201610/1, MFB201612/1, MFB201706/1, and MFB202006/1. The reported aggregate value of the bonds is up to HUF 200 billion, with the bond scheme aiming to cover the general funding needs of the bank and help it diversify its liability structure. 

FHB acted as a joint lead manager together with Unicredit Bank Hungary. Both Unicredit and MFB relied on in-house counsel.