Lenders plough into Garanti refi

Alamy_Garanti_bank_230x150_26Nov
By Mariam Meskin
26 Nov 2019

Turkey's Garanti Bank has raised an $800.7m-equivalent loan refinancing, which was oversubscribed and welcomed new participants.

The loan consists of a $229.5m tranche priced at 225bp over Libor and a €518.8m tranche priced at 210bp over Euribor. Both tranches have a tenor of 367 days. 

That pricing is identical to that achieved by the other top tier Turkish banks during this refinancing season, including Akbank and Yapi Kredi Bank. 

31 lenders — ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.