Yapı ve Kredi Bankası $295 million and €810.5 million dual currency loan facilities

30/9/2015
Refinancing

$ 1.153 billion

Completed

30/9/2015


Overview:

  • Yapı ve Kredi Bankası completed the refinancing of its dual tranche multicurrency syndicated loan.
  • The facility is structured as a $295 million tranche and a €810.5 million tranche.
  • Bank of America Merrill Lynch International acted as coordinating bank and UniCredit Bank as agent, with a syndicate of 38 banks from 17 countries. 
  • The all-in cost was realised at Libor/Euribor+0.75% per annum.

Jon Moore - Journalist

Jurisdiction:

Türkiye

Deal type:

Refinancing

Practice area:

Banking

Governing law:

Turkey

Industry sector:

Banking


Firm:

Party: Bank of America Merrill Lynch (Coordinator)

Party: BNP Paribas (Lead arranger)

Party: Citibank (Lead arranger)

Party: Coöperatieve Centrale Raiffeisen-Boerenleenbank (Lead arranger)

Party: Commerzbank AG (Lead arranger)

Party: Deutsche Bank (Lead arranger)

Party: Goldman Sachs International (Lead arranger)

Party: HSBC (Lead arranger)

Party: ING Bank (Lead arranger)

Party: JPMorgan Chase (Lead arranger)

Party: Mizuho Bank (Lead arranger)

Party: Société Générale (Lead arranger)

Party: Standard Chartered Bank (Lead arranger)

Party: The Bank of New York Mellon (Lead arranger)

Party: The Bank of Tokyo-Mitsubishi UFJ (Lead arranger)

Party: Unicredit Bank Austria (Lead arranger)

Party: Wells Fargo Bank (Lead arranger)

Party: Barclays Bank (Lead arranger)

Party: DZ Bank Deutsche Zentral-Genossenschaftsbank (Manager)

Party: KBC Bank (Manager)

Party: Morgan Stanley Bank International (Manager)

Party: Zürcher Kantonalbank (Manager)

Party: ABC International (Lender)

Party: Bank Audi (Lender)

Party: Banka Kombëtare Tregtare (Lender)

Party: Bank of Montréal (Lender)

Party: Canadian Imperial Bank of Commerce (Lender)

Party: CoBank (Lender)

Party: Asia Commercial Bank (Lender)

Party: Doha Bank (Lender)

Party: Emirates NBD (Lender)

Party: Erste Group Bank (Lender)

Party: Helaba (Lender)

Party: Intesa Sanpaolo (Lender)

Party: KfW IPEX-Bank (Lender)

Party: Bank of Ireland (Lender)

Party: Aresbank (Lender)

Party: Suedwestbank (Lender)

Party: Union de Banques Arabes et Francaises (Lender)

Lawyer: Muhsin Keskin