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Multi-Tranche Dual-Currency Club Term Loan Facility

364-day and 367-day syndicated loan agreement comprised of a US Dollar tranche of US$ 513 million and a Euro tranche of € 835 million

 US$ 513 million and € 835 million
Multi-Tranche Dual Currency Club Term Loan Facility

 

On 30 April 2015, Yapı Kredi successfully signed a 364-day and 367-day syndicated loan agreement comprised of a US Dollar tranche of US$ 513 million and a Euro tranche of € 835 million. This syndication is the successful refinancing of Yapı Kredi’s existing syndication loan signed in April 2014 with a roll-over ratio of above 114%. 

The Club Term Loan Facility has been raised by a syndicate including 48 of Yapı Kredi’s key relationship banks from 15 countries. The all-in cost was realised at Libor/Euribor+0.70% per annum for the 364-day tranche and Libor/Euribor+0.80% per annum for the 367-day tranche. The Loan is intended to be used for trade finance purposes.

Wells Fargo Bank acted as Coordinating Bank and Mizuho Bank Ltd as the Agent.

 

Istanbul, 4 May 2015

Enquiries:

Yapı Kredi Investor Relations

Tel: (90) (212) 339 7323

Email: yapikredi_investorrelations@yapikredi.com.tr

Yapı Kredi / 04 May 2015

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