Brief: Vakifbank Signs Syndicated Loan Agreement In Total $1.0 Billion

Turkiye Vakiflar Bankasi TAO

09/05/2022 07:10

May 9 (Reuters) - TURKIYE VAKIFLAR BANKASI TAO  VAKBN.IS :
    * PROVIDES DUAL CURRENCY TERM LOAN FACILITY IN TOTAL $1.0 BILLION COMPRISED OF $199.5
MILLION AND
EUR 738.7 MILLION
    * ALL-IN COST OF 367-DAYS TERM LOAN IS SOFR + 2.75% FOR USD TRANCHE AND EURIBOR + 2.10% FOR
EURO
TRANCHE
    * SIGNS SYNDICATED LOAN WITH PARTICIPATION OF 37 INTERNATIONAL BANKS FROM 16 COUNTRIES

Source text for Eikon:  ID:nIKA9bv1T6 
Further company coverage:  VAKBN.IS 

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