GTC Real Estate Development Hungary has issued 792 privileged bonds worth approximately HUF 50 mln (EUR 139.500) each, and making a total profit of approximately HUF 39.6 bn (EUR 110 mln) in senior unsecured green bonds. The bonds have a 10 year tenor, and this has been communicated through a market filing made by the company. The final maturity of these bonds has been set for December 7 2030, and the bonds will be amortized by 10% per year, starting from 2027. The bonds were issued through the Bond Funding for Growth program.
