TSKB brings first Turkish FI deal for nearly a year
Turkiye Sinai Kalkinma Bankasi (TSKB) has released price guidance on the first benchmark Turkish bank bond since March last year. Books had reached over $2.2bn by midday and the market has been told to expect a $400m deal.
The last Turkish bank to print a deal was Yapi ve Kredi Bankasi, which sold a $500m 8.25% 2024 bond on March 14, 2019, according to Dealogic data.The last year has been a tumultuous one for Turkey. The Turkish central bank heeded investors’ cries and delivered a ...
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