Akbank TAS (AKBNK.IS)
* Q1 net profit of 1.40 billion lira ($390.77 million) versus 1.0 billion lira year ago
* Istanbul Stock Exchange suspended trading in shares of Akbank after stock price increases suddenly by 10 percent
ISTANBUL, March 27 Turkey's Akbank said on Monday its systems were back online following technical problems that sources said prevented transactions for several hours at the country's third-largest listed lender.
DUBAI, March 27 Turkey's Akbank has signed a $1.2 billion equivalent multi-currency and dual-tranche syndicated loan, it said on Monday.
ISTANBUL, March 27 Turkey's Akbank said on Monday it was experiencing systems disruptions due to technical reasons and was working to resume services as soon as possible.
* Signs a dual currency, multi-tranche syndicated loan facility of which $219.5 million and 738.3 million euros for 1 year tenor, and $185 million for 2 years with a total equivalent of $1.2 billion
DUBAI, March 8 Turkey's Akbank has set initial price guidance for its planned subordinated U.S. dollar bond in the region of 7.5 percent, a document issued by one of the lead banks showed.
(The following statement was released by the rating agency) LONDON, March 06 (Fitch) Fitch Ratings has assigned Akbank T.A.S.'s (BB+/Stable/bb+) planned issue of Basel III-compliant Tier 2 capital notes an expected rating of 'BB(EXP)'. The final rating is subject to the receipt of the final documentation conforming to information already received by Fitch. The notes qualify as Basel III-complaint Tier 2 instruments and contain contractual loss absorption features, which will be triggered a
DUBAI, March 6 Turkey's Akbank has mandated banks to arrange fixed income investor meetings in Europe and the United States ahead of a potential U.S. dollar-denominated benchmark 144A/RegS bond sale, a document issued by a lead bank showed on Monday.
* Applies to Capital Markets Board (CMB) and Banking Regulation And Supervision Agency (BRSA) for the issuance of more than one Mortgage Covered Bond within a 1 year period up to 1 billion euros ($1.06 billion) or its equivalent in any foreign currency or Turkish Lira Source text for Eikon: