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BRIEF-Turkiye Vakiflar Bankasi signs syndication loan for total $967 mln equivalent
April 24, 2017 / 11:45 AM / 8 months ago

BRIEF-Turkiye Vakiflar Bankasi signs syndication loan for total $967 mln equivalent

April 24 (Reuters) - Turkiye Vakiflar Bankasi:

* Signs a syndication loan agreement amounting $188.5 million and 716.5 million euros; $967 million equivalent in total

* Syndication loan signed with the participation of 37 banks from 18 countries

* The 367-days term loan will be used for trade finance purposes and the all-in cost is LIBOR +1.45 percent for USD tranche and EURIBOR +1.35 percent for Euro tranche Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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