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Dual Currency Term Loan Facility

367-day syndicated loan agreement comprised of a US Dollar tranche of US$ 295 million and a Euro tranche of € 810.5 million

INVESTOR RELATIONS RELEASE

 

US$ 295 million and € 810.5 million

Dual Currency Term Loan Facilities

 

On 30 September 2015, Yapı Kredi successfully signed a 367-day syndicated loan agreement comprised of a US Dollar tranche of US$ 295 million and a Euro tranche of € 810.5 million. This syndication is the successful refinancing of Yapı Kredi’s existing syndication loan signed in September 2014 with a roll-over ratio of 101%. 

The Dual Currency Term Loan Facility has been raised by a syndicate including 38 of Yapı Kredi’s key relationship banks from 17 countries. The all-in cost was realised at Libor/Euribor+0.75% per annum. The Loan is intended to be used for trade finance purposes.

Bank of America Merill Lynch acted as Coordinating Bank and UniCredit Bank AG as the Agent.

 

Istanbul, 1 October 2015

Enquiries:

Yapı Kredi Investor Relations

Tel: (90) (212) 339 7323

Email: yapikredi_investorrelations@yapikredi.com.tr

Yapı Kredi / 01 Oct 2015

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