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Finansbank talks dollar five-year benchmark notes at 5%-5.1% yield
By Colin Hanner
Chicago, May 11 – Turkey’s Finansbank announced price talk of 5% to 5.1% for a dollar benchmark offering of five-year notes, a market source said.
The Rule 144A and Regulation S deal is subscribed for more than $2.3 billion, a market source said.
A market source said fair pricing for the deal is likely below 5%.
Finansbank is based in Istanbul.
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