Halkbank refinances at 100bp over
Turkiyes Halk Bankasi has agreed a new one year loan facility totalling $789.14m with a syndicate of 41 banks.
The one year transaction is split into tranches of €259m and $562m and is priced at 100bp over Libor and Euribor.
Lenders from 19 countries participated in the deal, which will be used to finance trade.
The facility was signed on Wednesday.The deal replaces ...