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Dual Currency Term Loan Facilities

US$ 381 million and € 959.1 million Dual Currency Term Loan Facilities

On 04 May 2016, Yapı Kredi successfully signed a 367-day syndicated loan agreement comprised of a US Dollar tranche of US$ 381 million and a Euro tranche of € 959.1 million. This syndication is the successful refinancing of Yapı Kredi’s existing syndication loan signed in April 2015 with a roll-over ratio of 101%.

The Dual Currency Term Loan Facility has been raised by a syndicate including 48 of Yapı Kredi’s key relationship banks from 15 countries. The all-in cost was realised at Libor+0.85% and Euribor+0.75% per annum. The Loan is intended to be used for trade finance purposes.

Bank of America Merill Lynch acted as Coordinating Bank and Wells Fargo as the Agent.

Istanbul, 5 May 2016
Enquiries: Yapı Kredi Investor Relations
Tel: (90) (212) 339 7323
Email: yapikredi_investorrelations@yapikredi.com.tr

Yapı Kredi / 04 May 2016

 
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