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Garanti signed a dual tranche syndicated loan

Garanti signed a dual tranche syndicated loan

Our Bank has signed a syndicated loan agreement with 1 year maturity, comprising two separate tranches in the amount of US$ 308,500,000 and € 615,500,000 on November 23, 2012 in London. The loan which will be used for trade finance purposes has been executed with commitments received from 37 banks from 18 countries. The all-in cost has been realized as Libor+1.25% and Euribor+1.25% respectively.

Garanti signed a dual tranche syndicated loan

 

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