Hungary-based OTP Mortgage bank has priced its 510 million euro ($639.97 million) bond, the bank running the deal said Thursday.

BNP Paribas was the sole lead manager of the deal.

The terms of the transaction are as follows:

 
Amount:           EUR510 million 
Maturity:         March 6, 2015 
Reoffer Price:    100.00 
Payment Date:     September 6, 2012 
Spread:           400 basis points over the three-month Euribor 
Debt Ratings:     Baa3(Moody's) 
Denominations:    EUR100,000 
Listing:          Luxembourg 
Interest:         Annual

Write to Sarka Halas at sarka.halasova@dowjones.com