We are pleased to announce that the proceeds of Yapı Kredi’s USD700 million syndicated loan arranged under Club Term-Loan Facility entered into our accounts as of 27 December 2006, following the repayment of USD800 million syndicated loan with 1 year maturity secured during the same period last year.
While the maturity has been extended to 2 years with this new facility, the proceeds will be used for export financing. The all-in cost (including interest and fees) is LIBOR + % 0.625. The club term loan has been arranged through the contribution of 21 international banks listed below:
ABN AMRO Bank N.V, American Express Bank GmbH, The Bank of New York, The Bank of Tokyo-Mitsubishi UFJ Ltd, CALYON, Citibank N.A, Commerzbank Aktiengesellschaft, Deutsche Bank AG London, Fortis Bank NV/SA, Mizuho Corporate Bank Ltd., Natixis, Raiffeisen Zentralbank Österreich AG, Standard Chartered Standard Chartered Bank, Unicredit Group (acting through Bayerische Hypo-und Vereinsbank AG), Wachovia Bank, National Association, West LB, The Bank of Nova Scotia, Sumitomo Mitsui Banking Corporation Europe Limited, Banca Intesa, Dexia Bank Belgium S.A., Zurcher Kantonalbank.
İstanbul, 29 December 2006.
Enquiries:
Yapı Kredi Investor Relations
Tel: (90) (212) 339 7647
Email: yapikredi_investorrelations@yapikredi.com.tr
Yapı Kredi / 29 Dec 2006