MBH JELZÁLOGBANK NYILVÁNOSAN MUKÖDO RÉSZVÉNYTÁRSASÁG Extraordinary announcement about S&P rating of covered bonds issued by Takarék Mortgage Bank
Takarék Mortgage Bank Co. Plc. (number and date of the incorporation: 01-10-043638, 18.03.1998, head office:
H-1117 Budapest, Magyar Tudósok körútja 9. G. ép.) (hereinafter: "Issuer", or "Bank") informs its esteemed investors and other market participants that:
S&P Global Ratings (Madrid) announced on August 22, 2022 that it revised to negative from stable the outlook on its credit ratings on Takarék Mortgage Bank Co. PLC's mortgage covered bonds ("jelzáloglevél"). At the same time, it affirmed the 'BBB' ratings on the covered bonds. The move was initiated by the revision of Hungary's outlook to negative from stable, while the rating of 'BBB/A-2'long-term and short-term foreign and local currency sovereign credit ratings were affirmed.
22 August 2022, Budapest
Takarék Mortgage Bank Co. Plc.
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Takarek Jelzalogbank Nyrt. published this content on 22 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 August 2022 13:25:02 UTC.
