İşbank holds borrowing cost steady on enlarged one year loan

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İşbank holds borrowing cost steady on enlarged one year loan

isbank

Turkey's İşbank has signed a $1.3bn equivalent one year term loan to refinance the $1.26bn deal it agreed last September. Its all-in cost of borrowing on the deal was 90bp over Libor and Euribor for the respective currencies, the same price it paid in May.

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