Turkiye Is Bankasi issued international bonds for USD 750.0m maturing in 2024 with a 6.125% coupon. Bonds were sold at a price of 100% with an initial yield of 6.125%. Bookrunner: Citigroup, Emirates NBD, Erste Group, HSBC, Mizuho Financial Group, Wells Fargo
Depository: Euroclear Bank, Clearstream Banking S.A..
|Issuer, issue number||Turkiye Is Bankasi, 6.125% 25apr2024, USD |
|Type of debt instrument||International bonds |
|Issue status||outstanding |
|Type of placement||Public |
|Par, currency of issue||USD 200,000 |
|End of placement||04/20/2017 |
|Initial issue price||100 |
|Yield at pricing||6.125 |
|Coupon frequency||2 time(s) per year|
|Settlement date||04/25/2017 |
|Maturity date||04/25/2024 |
|Issue Managers||Bookrunner: Citigroup, Emirates NBD, Erste Group, HSBC, Mizuho Financial Group, Wells Fargo
Depository: Euroclear Bank, Clearstream Banking S.A.
Paying agent: BNY Mellon (London branch)
Issuer Legal Adviser (International law): Mayer Brown International
Issuer Legal Adviser (Domestic law): Yazici Legal
Arranger Legal Adviser (International law): Allen & Overy
Arranger Legal Adviser (Domestic law): Gedik & Eraksoy |
|Trading floor||Irish S.E. |
Turkiye Is Bankasi
|Isbank is one of the largest private banks in Turkey by assets, loans and deposits. Isbank, as of H1 2010, had total deposits of TRY50.8bln, a market cap of US$14.2bln and the largest branch network ...