Turk Eximbank out for €300m in two currencies

Turkey cruise ships 230x150
By Shruti Chaturvedi
10 Jun 2016

Turk Eximbank has invited banks to participate in a €300m ($337m) equivalent loan. It has split the borrowing into a one year and a two year tranche.

Mizuho is the mandated lead arranger and bookrunner for the deal, which pays a margin of 75bp on the shorter portion and 125bp on the longer tranche. Banks have the option of committing in euros or dollars.

GlobalCapital first reported on June 8 that Turk Exim was ...

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