Vakıfbank secures $ 1.1 billion 367-day syndication Author Reuters

© Reuters.

ISTANBUL, April 30 (Reuters) – VakıfBank has secured a syndicated loan of $ 1.1 billion, comprising $ 237.5 million and EUR 691.3 million.

In the written statement made by the bank, it was stated that the loan was realized with 105 percent renewal compared to the same period of the previous year.

In the statement, it was stated that the dollar cost of the 367-day loan was Libor plus 2.50% and the euro cost was Euribor plus 2.25%.

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