Isbank, Yapi to set new Turkish benchmark at 225bp

Turkey’s Isbank’s is expected by the end of this week to sign an extension to a $826m loan that will have the tightest all-in yet this year for a bank borrower from the country.

  • 07 Sep 2009

Isbank is expected to offer lenders an all-in of 225bp, split between a margin of 125bp and fees of 100bp, said one banker involved in the deal.

The pricing shows a potential tightening in the benchmark for Turkish deals, following the success of rolls of one year facilities for ...

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