Brief: Vakifbank Provides Dual Currency Term Loan Facility Equivalent To $825 Million In Total

Turkiye Vakiflar Bankasi TAO

15/05/2023 10:17

May 15 (Reuters) - Turkiye Vakiflar Bankasi TAO  VAKBN.IS :
    * PROVIDED DUAL CURRENCY TERM LOAN FACILITY EQUIVALENT TO $825 MILLION IN TOTAL AMOUNTING
$189.5
MILLION AND EUR 575.5 MILLION
    * PROVIDED DUAL CURRENCY TERM LOAN FACILITY WITH PARTICIPATION OF 36 INTERNATIONAL BANKS
FROM 20
COUNTRIES
    * ALL-IN COST OF 367-DAYS TERM LOAN IS SOFR + 4.25% FOR USD TRANCHE AND EURIBOR + 4% FOR
EURO
TRANCHE

Source text for Eikon:  ID:nIKA7BysJ3 
Further company coverage:  VAKBN.IS 

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