Republic of Turkey €1 billion sukuk issue

8/6/2016
Sukuk, Sovereign bond issue

$ 1 billion

Completed

8/6/2016


Overview:

  • The Republic of Turkey has completed a $1 billion sukuk (Islamic bond) issue, the fourth shariah-compliant bond issue by the government.
  • The lease certificates are due 2021 and carry an interest rate of 4.251%, or 290 basis points over mid-swaps.
  • The joint lead managers on the deal were Emirates NBD, HSBC Bank and Standard Chartered.

Jon Moore - Journalist

Continue reading...

New to IFLR1000?

Register today for FREE:

  • Understand market dynamics, with data broken by deal type and more
  • Access law firms and lawyers involved in deals
  • Gain unique insight into lawyers recent work
REGISTER NOW

Sign in