Cookies are used on our website in accordance with the legislation. By clicking on Change Cookie Preferences, you can access the cookie settings and our Cookie Policy, and get detailed information about the cookies we use and our data processing purposes.
Change Cookie Preferences
TR SEARCH TÜRKÇE
MENU CLOSE
Who we are
About Us
General Info Our Mandate
Board & Management
President’s Message Board of Directors Committees
Corporate Governance
Our Values Ethical Principles Human Resources Policy Sustainability Policy
Our Portfolio Financial Services Transport and Logistics Energy Mining and Iron - Steel Licenses Technology and Telecom Agriculture and Food Real Estate
Investor Relations Reports Legislation
Contact Disclosures Contact Info
Back to Disclosures Back to Disclosures

Turkey Wealth Fund receives EUR 1 billion syndication loan

March 7th, 2019
Turkey Wealth Fund successfully completed the first syndication loan transaction amounting to EUR 1 billion with the participation of 10 banks from eight countries from Asia, Europe, North America and the Middle East under the coordination of ICBC and Citi.

The annual pricing of the syndicated loan, which was provided in Euro denomination with a two-year term, was Euribor + 2.5%. Under the Joint Coordination of ICBC and Citi, ICBC was the lead bookrunner, Citi was the bookrunner and documentation representative, while HSBC was the credit representative. HSBC, ING, Intesa Sanpaolo, J.P. Morgan and Sumitomo Mitsui Banking Corporation joined the syndication as mandated lead arrangers with Bank of America Merrill Lynch, Emirates NBD and Société Générale involved at the Lead Arranger level. 

Back to Disclosures