İşbank Signs 367 Day Syndication Loan Agreement
İşbank signs 367 day
syndication loan agreement. The agreement signed by the bank for foreign trade is 448 million euros and 238 million US dollars.
İşbank, 448 million euros and 238 million US dollars in 367 days signed a syndicated loan agreement. Making a statement to the Public Disclosure Platform, İşbank stated that the loan will be used in financing of the foreign trade.
The statement of the bank to the PDP is as follows:
“Our bank has signed a syndicated loan agreement with a maturity of 367 days in the amount of 448 million Euros and 238 million USD. The total cost of the part of the syndicated loan to be used in the financing of foreign trade belonging to the participating banks with the highest amount; Euribor + 2.25% for the Euro tranche, for the USD tranche. Libor amounted to + 2.50%.”