Turk Eximbank releases guidance for seven year bond, with put option likely

In what is its second bond in six months, Export Credit Bank of Turkey (Turk Eximbank) has released price guidance for a seven year senior dollar benchmark at 462.5bp over mid-swaps. Pricing is expected for the note on Friday upon the completion of the New York leg of the roadshow. The Reg S and 144A deal is being arranged by Barclays, Citi, ING and Standard Chartered Bank.