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Turkey Ziraat Bank secures $1.1b syndicated loan in two tranches of $373m, 666m euros Reported by: `Customs Today Report May 6, 2015

bySahar
08/05/2015
in Uncategorized
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ANKARA: Turkey’s state-run Ziraat Bank has secured a $1.1 billion syndicated loan in two tranches of $373 million and 666 million euros, it said in a statement on Thursday evening.

It said the portion with a 364-day maturity had an interest rate of Libor/Euribor +70 basis points and the 367-day portion a rate of Libor/Euribor +80 basis points. Forty-one banks from 19 countries took part in the syndication.

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