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Turkey's Yapi Kredi $750 million five-year notes to yield 5.1875%
By Christine Van Dusen
Atlanta, Oct. 4 - Turkey's Yapi Kredi set the yield for its planned $750 million offering of five-year senior unsecured loan participation notes (/BB/BBB-) at 5.1875%, according to a market source.
Citigroup, Deutsche Bank and UNIC are the bookrunners for the Rule 144A and Regulation S deal, which was previously talked at a yield of 5.1875% to 5¼%.
Yapi Kredi is a commercial bank based in Istanbul.
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