SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 18-K/A
For Foreign Governments and Political Subdivisions Thereof
AMENDMENT NO. 1
TO
ANNUAL REPORT
OF
HUNGARY
(Name of Registrant)
Date of end of last fiscal year: December 31, 2021
SECURITIES REGISTERED*
(As of the close of the fiscal year)
| Title of Issue | Amounts as to which registration is effective | Names of exchanges on which registered |
| N/A | N/A | N/A |
Name and address of person authorized to receive notices
and communications from the Securities and Exchange Commission:
Economic Attaché of Hungary
227 East 52nd Street
New York, NY 10022
It is requested that copies of notices and communications from the Securities and Exchange Commission be sent to:
Eli Whitney Debevoise II, Esq.
Arnold & Porter Kaye Scholer LLP
601 Massachusetts Ave, NW
Washington, DC 20001-3743
Phone: (202) 942-5042
* The Registrant is filing this annual report on a voluntary basis.
HUNGARY
Reference is made to the registration statement filed with the Securities and Exchange Commission (the “Commission”) on September 17, 2013, as amended on November 6, 2013, and effective as of November 8, 2013 (Registration Number 333-191209) (the “Registration Statement”) of Hungary (the “Issuer” or “Hungary”).
The sole purpose of this Amendment No. 1 to the annual report of the Issuer on Form 18-K for the year ended December 31, 2021 is to file with the Commission: (i) a conformed copy of the Pricing Agreement, dated November 28, 2022, between the Issuer and J.P. Morgan SE, included as Exhibit 1.3 hereto; (ii) a form of the Issuer’s 7.625% Notes due 2041 (the “Notes”), included as Exhibit 4.1 hereto; (iii) the legal opinions included as Exhibits 5.1 and 5.2 hereto in accordance with the Issuer’s undertaking in the Registration Statement to furnish copies of the opinions of the special Hungarian counsel for the Issuer and special New York counsel for the Issuer, respectively, as to the legality of each issue of securities under the Registration Statement; (iv) an itemized list of estimated expenses incurred or borne by or for the account of Hungary in connection with the offer and sale of the Notes, included as Exhibit 99.1 hereto; and (v) the recent developments in Hungary as of November 28, 2022, which are included as Exhibit 99.D.1. hereto.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Amendment to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Budapest, Hungary on the 1st day of December, 2022.
| HUNGARY | |||
| By: | /s/ Zoltán Kurali | ||
| Name: | Zoltán Kurali | ||
| Title: | Chief Executive Officer of the Government Debt Management Agency Private Company Limited by Shares as attorney in fact for the Minister of Finance acting for Hungary | ||
EXHIBIT INDEX
* Previously filed.
