Albaraka Türk to boost deal beyond $400m
Turkish participation bank Albaraka Türk will sign its murabaha loan next week and increase the deal from the $400m launch size, according to bankers on the deal.
The deal is comprised of a 367 day tranche with a margin of 110bp and a two year and three day tranche paying 125bp, according to one banker on the deal.
All-in fees for the 367 day tranche are 210bp and 255bp for the two year and three
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