Turkey 2023 Eurobond issue attracts bids worth USD3.5bn

Tue Jan 8, 2013 10:21am EST

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LONDON, Jan 8 (IFR) - The Republic of Turkey's (Ba1/BB/BBB-) upcoming 10-year US dollar-denominated Eurobond issue has attracted bids worth USD3.5bn, according to a source.

Price guidance remains in the 165bp over US Treasuries area and books will close at 1530 GMT.

BNP Paribas, Deutsche Bank and Goldman Sachs are the bookrunners on the transaction, which is expected to price later today. (Reporting by Davide Scigliuzzo; Editing by Sudip Roy)