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Published on 3/1/2016 in the Prospect News Emerging Markets Daily.

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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