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Dual Currency Club Term Loan Facility

US Dollar tranche of US$ 319.1 million and a Euro tranche of € 852.6 million

On 30 April 2014, Yapı Kredi successfully signed a 1-year Dual Tranche Dual Currency Club Term Loan Facility comprised of a US Dollar tranche of US$ 319.1 million and a Euro tranche of € 852.6 million. This syndication is the successful refinancing of Yapı Kredi’s existing syndication loan signed in April 2013 with a roll-over ratio of above 100%.

The Club Term Loan Facility has been raised by a syndicate including 51 of Yapı Kredi’s key relationship banks from 17 countries.The all-in cost was realised at Libor/Euribor+0.90% per annum compared to Libor/Euribor+1.00% per annum the year before. The Facility is intended to finance the Bank’s general trade finance activities.

Wells Fargo Bank acted as Coordinating Bank, and Bayerische Landesbank as the Agent.

 

Istanbul, 30 April 2014
 

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

Yapı Kredi / 30 Apr 2014

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