Turkiye Sinai Kalkinma Bankasi $300 million 4.875% green bond issue

17/5/2016

Investment grade bond/note issue, Green bond issue

Value:

$ 300 million

Status:

Completed

Date:

17/5/2016

Overview:

Türkiye Sınai Kalkınma Bankası has completed the issue of a $300 million green bond, the first ever green bond by a Turkish issuer.
The 4.875% bond is due in 2021.
Proceeds from the bond will be used for private sector investments in renewable energy, energy efficiency and other areas that reduce greenhouse gas emissions.

Jon Moore - Journalist

Jurisdiction:

Türkiye

Deal types:

Investment grade bond/note issue
Green bond issue

Practice area:

Capital markets : Debt

Industry sector:

Energy

Firm:

Linklaters

Party: Türkiye Sınai Kalkınma Bankası (Issuer)

Lawyer: Richard O'Callaghan

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