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