İşbank secures $1.03bn refi

isbank
By Mariam Meskin
24 May 2019

Türkiye İş Bankası has closed its first semi-annual refi for this year, as the refinancing season for Turkish banks comes to an end.

The new deal consists of two tranches: a €644.9m loan and a $323.5m loan. Both tranches have a maturity of 367 days. 

The existing $1.48m-equivalent loan consisted of two tranches: a one year €867.6m term loan and a one year $447m term loan. Both tranches were due for maturity in ...

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