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Price guidance on Garanti eurobond UST+330 bps - bankers
April 10, 2014 / 10:47 AM / 4 years ago

Price guidance on Garanti eurobond UST+330 bps - bankers

ISTANBUL, April 10 (Reuters) - Price guidance on Turkey’s Garanti Bank eurobond was revised down to UST + 330 basis points (bps) from UST + 350 bps, bankers said on Thursday.

The demand for Garanti’s eurobond was over $4.5 billion, and bookbuilding was continuing, bankers added.

Garanti said earlier it had mandated Bank of America Merrill Lynch, BBVA, Citi and HSBC for the issue. (Reporting by Nevzat Devranoglu; Writing by Ece Toksabay)

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