Turkish bank gets the green light

Turkey flag adobe stock AS 230x150
By Frank Jackman
14 Jan 2020

Turkish lender Yapi Kredi ventured into the green bond market for the first time on Friday with a rare dollar private placement, its first since January 2016, according to Dealogic data.

The Turkish bank printed a $50m 6.05% December 2024 green bond on January 10. HSBC ran the deal. The issue price was undisclosed

“That’s a very interesting and nice deal,” said one banker away from the trade. “It’s a big ticket for a Turkish name. You ...

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