Yapı Kredi Obtained US$ 437 million and € 759.5 million Dual Tranche Dual-Currency Club Term Loan Facility

On 30 April 2013, Yapı Kredi successfully signed a 1-year Dual Tranche Dual-Currency Club Term Loan Facility comprised of a US Dollar tranche of US$ 437 million and a Euro tranche of € 759.5 million. This syndication is the successful refinancing of Yapı Kredi’s existing syndication loan signed in April 2012 with a roll-over ratio of 102%.

The club term loan facility has been raised by a syndicate including 52 of Yapı Kredi’s key relationship banks from 20 countries and represents the largest syndicate for a Turkish Financial Institution so far this year. The all-in cost was realised at Libor/Euribor plus 1.00% per annum. The Facility is intended to finance pre-export and export credit facilities available to Turkish exporters.

Wells Fargo Bank, N.A. acted as Coordinating Bank and Documentation Agent while Mizuho Corporate Bank, Ltd. acted as Facility Agent.

Istanbul, 5 May 2013

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