Announcement regarding Syndicated Term Loan
Announcement regarding Syndicated Term Loan
Our Bank has signed a syndicated loan agreement with 367-days maturity in the amount of EUR 1.25 billion, comprising of two separate tranches in the amount of € 913,500,000 and US$ 364,500,000 on 30th April 2015. The loan which will be used for trade finance purposes has been executed with commitments received from 45 banks from 16 countries. The all-in cost has been realized as Euribor+0.80% and Libor+0.80% respectively.
In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.