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Dual Currency Term Loan Facility

Dual Currency Term Loan Facility

On 28 October 2019 Yapı Kredi successfully signed a syndicated loan agreement totalling US$ 950 million at 367 days maturity. The syndication is secured through two different tranches; US$ 370 million and Euro 520 million. The demand on the facility was higher than US$ 1 billion and was intentionally scaled back.

The Dual Currency Term Loan Facility has been raised by a syndicate including 39 of Yapı Kredi’s key relationship banks from 21 countries.

The all-in cost was realised at Libor + 225 bps and Euribor + 210 bps. The loan is intended to be used for trade finance activities.

Istanbul, 28 October 2019

Enquiries:
Yapı Kredi Investor Relations
Tel: (90) (212) 339 6770
Email: yapikredi_investorrelations@yapikredi.com.tr

Yapı Kredi / 28 Oct 2019

 
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