Announcement Regarding Syndicated Loan Facility
Announcement Regarding Syndicated Loan Facility
Our Bank has signed a syndicated loan agreement with 367-days maturity in the amount of USD 1.30 billion, comprising of two separate tranches in the amount of US$ 626,000,000 and € 615,500,000 on 23th November 2016. The loan which will be used for trade finance purposes has been executed with commitments received from 34 banks from 15 countries. The all-in cost has been realized as Libor+1.10% and Euribor+1.00% respectively.
In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.