April 17, 2014 / 8:27 AM / 4 years ago

Turkey's Vakifbank secures $995 mln syndicated loan

ISTANBUL, April 17 (Reuters) - Turkey’s Vakifbank secured a one-year syndicated loan in two tranches of $270.5 million and 525 million euros ($724.84 million) from international markets, the bank said on Thursday.

The loan would have a total cost of LIBOR +0.90 percent and EURIBOR +0.90 percent respectively, the lender said in a statement with the Istanbul stock exchange. ($1 = 0.7243 Euros) (Reporting by Seda Sezer, editing by Dasha Afanasieva)

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