By Veronika Gulyas

BUDAPEST--Hungary's largest bank by capital OTP Nyrt. (OTP.BU) signed a refinancing loan deal with gas storage facility MMBF Foldgaztarolo Zrt. worth 114 million euros ($155 million) and 60 billion forint ($200 million), OTP announced Wednesday.

The Hungarian state recently bought a 51% stake in the gas storage facility MMBF from Hungarian oil and gas firm MOL Nyrt.

The refinancing loan deal was signed in December and has a seven-year timespan.

The European Bank for Reconstruction and Development, ING Bank NV, MKB Bank Zrt. and Raiffeisen Bank Zrt. are also lenders in the deal.

Write to Veronika Gulyas at veronika.gulyas@dowjones.com

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