Turkey’s Fibabanka taps banks for offering of five-year senior notes

By Rebecca Melvin

New York, Jan. 17 – Fibabanka AS announced plans to sell $500 million senior notes, and mandated banks for an investor call on Wednesday, according to a market source.

Citigroup, ICBC and Standard Chartered Bank were named to organize the meetings. Pricing will occur as allowed by market conditions, the market source said.

Fibabanka is an Istanbul-based private bank.

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