Yapi Kredi and Isbank line up Sept signings

By Dan Alderson
21 Aug 2014

With Akbank having led the year’s second wave of Turkish bank refinancings last week, peers Yapi Kredi and Isbank are expected to follow suit in the second or third week of September, say bankers. Finansbank is looking to refinance a one year syndicated loan that matures in November.

Isbank is looking to refinance $1.26bn-equivalent of facilities it signed in September last year, while Yapi is in the market with $1.5bn-equivalent facilities. Finansbank signed $525m-equivalent of one year dual tranche facilities in November last year.

Akbank signed its $1.5bn refinancing facility last week. ...

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