Announcement regarding syndicated loan
Announcement regarding syndicated 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 € 814.625.000 and US$ 479.325.000 on 29th April 2016. The loan which will be used for trade finance purposes has been executed with commitments received from 42 banks from 15 countries. The all-in cost has been realized as Euribor+0,75% and Libor+0,85% respectively.
In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.