Denizbank gets green light for $750m June bond

07 Jun 2011

Turkish Denizbank, owned by Dexia, has received approval from the Turkish Capital Markets Board to issue up to $750m in a seven year bond that is planned for this month.

According to an investor relations at the bank, Denizbank has chosen the leads for the issue and will announce them on Monday.

The deal will be Denizbank’s debut Eurobond. The bank’s last syndicated loan was a $640m dual-currency deal with a syndicate of 30 banks, placed last October. Standard Chartered and Wells Fargo ...

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