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Published on 1/15/2015 in the Prospect News Emerging Markets Daily.

Turkey’s Akbank talks $500 million five-year notes at 287.5 bps area

By Christine Van Dusen

Atlanta, Jan. 15 – Turkey’s Akbank TAS set talk in the mid-swaps plus 287.5 basis points area for its upcoming issue of $500 million notes due in five years, a market source said.

Barclays, Citigroup, Goldman Sachs, ING, Mizuho Securities and Standard Chartered Bank are the bookrunners for the deal.

Akbank is a lender based in Adana, Turkey.


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