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Turkey’s Yapi Kredi Bankasi talks 10-year dollar-denominated notes at 8¾% area; pricing Tuesday
By Christine Van Dusen
Atlanta, March 1 – Yapi ve Kredi Bankasi AS set talk in the 8¾% area for a dollar-denominated offering of 10-year notes that is expected to price on Tuesday, a market source said.
BofA Merrill Lynch, Citigroup, MUFG and UniCredit Bank are the bookrunners for the Rule 144A and Regulation S deal.
The notes will be non-callable for five years.
Yapi Kredi is an Istanbul-based lender.
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