3 April / 2020
Med-Prise issues bonds to finance offshore projects
Med-Prise, the marine engineering and offshore energy installation company issues bonds to finance its current project.

The bonds carry a fixed-rate coupon of 1.75%, and have a repayment date of 30th April 2023.

Bond Name: Med-Prise Bond 1
Dealer: Equilor Befektetési Zrt. (1026 Budapest, Pasaréti u. 122-124)

Nominal value placed – minimum €12m.
The issuer shall accept oversubscription on top of the announced quantity to the amount of a nominal value of €100m.
Placement listing of the bond – 100% of the nominal value.

The subscription period is 27 April 2020 – 30 June 2020. If the minimum total nominal value placed has been subscribed, the subscription can be closed prior to the end of the subscription period.

Under the relevant legislation, the bond is freely transferable between any domestic and foreign legal persons, unincorporated companies, and natural persons.

If you have any questions or would like more detailed information, please contact us to find out more.