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BRIEF-Akbank secures $1.2 bln equivalent syndicated loan facility
March 22, 2017 / 9:37 AM / 6 months ago

BRIEF-Akbank secures $1.2 bln equivalent syndicated loan facility

March 22 (Reuters) - Akbank:

* Signs a dual currency, multi-tranche syndicated loan facility of which $219.5 million and 738.3 million euros for 1 year tenor, and $185 million for 2 years with a total equivalent of $1.2 billion

* All-In cost for the 1 year tranche is Libor + 1.45 percent and Euribor + 1.35 percent

* And 2 year tranche with an all-in cost of Libor + 2.20 percent

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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