Reuters logo
Turkey's Isbank signs $1.3 bln syndicated loan deal
May 12, 2014 / 6:27 AM / in 4 years

Turkey's Isbank signs $1.3 bln syndicated loan deal

ISTANBUL, May 12 (Reuters) - Turkish lender Isbank said on Monday it had signed a one-year syndicated loan in two tranches of $400 million and 672 million euros ($924 million).

Forty-one financial institutions in 15 countries took part in the syndication which will be used for foreign trade financing, with a total cost of Libor +0.90 percent and Euribor +0.90 percent. ($1 = 0.7269 Euros) (Writing by Daren Butler)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below