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Dual Tranche Multi-Currency Term Loan Facility

Yapı Kredi Obtained US$ 322 million and € 618 million Syndicated Dual Tranche Multi-Currency Term Loan Facility

On 27 September 2012, Yapı Kredi successfully signed a 1-year Dual Tranche Multi-Currency Term Loan Facility comprised of a US Dollar tranche of US$ 322 million and a Euro tranche of € 618 million. This syndication is the successful refinancing of Yapı Kredi’s existing syndication loan signed in 2011 with a roll-over ratio of 100%.

The club loan facility has been raised by a syndicate including 37 of Yapı Kredi’s key relationship banks representing 16 countries. The all-in cost was realised at Libor/Euribor plus 1.35% per annum. The Facility is intended to finance pre-export and export credit facilities available to Turkish exporters.

Banc of America Securities Limited acted as Coordinating Bank and Documentation Agent while Sumitomo Mitsui Banking Corporation acted as Facility Agent.

Istanbul, 28 September 2012

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

Yapı Kredi / 28 Sep 2012

 
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