Turkey's Vakifbank says secures $870 million syndicated loan

Turkiye Vakiflar Bankasi TAO

26/11/2024 05:23

ISTANBUL, Nov 26 (Reuters) - Turkey's Vakifbank
 VAKBN.IS  said on Tuesday it secured a sustainability-themed
syndicated loan of a total $870 million, consisting of $518.5
million in dollars and 331.4 million euros with a 367-day
maturity.
     The dollar cost of the loan was SOFR +1.75%, while the euro
cost was Euribor +1.50%.

 (Reporting by Ebru Tuncay; Editing by Daren Butler)
 ((daren.butler@tr.com; +90-212-350 7053; Reuters Messaging:
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