Turkey's Isbank Prices $500 Million 5.5-Year Bond
April 05 2013 - 4:17AM
Dow Jones News
Turkish lender Turkiye Is Bankasi AS (ISCTR.IS) priced Thursday
a dollar-denominated, one of the banks running the deal said
Friday.
Barclays, Citigroup, Deutsche Bank, HSBC, and JP Morgan were
lead managers on the deal.
Terms as follows:
Amount: $500 million
Maturity: Oct 10, 2018
Coupon: 3.75%
Issue Price: 99.323
Payment Date: April 10, 2013
Spread: 316.2 bps over Tsys
Yield: 3.888%
Debt Ratings: Baa2 (Moody's)
BBB (Fitch)
Denominations: $200,000
Write to Serena Ruffoni at serena.ruffoni@dowjones.com
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