Turkey's Denizbank mandates four lead managers for benchmark bond

By Christine Van Dusen

Atlanta, June 13 - Turkey's Denizbank AS has mandated Bank of America Merrill Lynch, Citigroup, HSBC and JPMorgan for a benchmark-sized bond offering (expected ratings: Ba1//BBB-) and roadshow, a market source said.

The roadshow is expected to begin June 15 in London and travel to Boston before wrapping up on June 20 in New York, Zurich and Geneva.

The Rule 144A and Regulation S transaction is expected to follow, subject to market conditions.

Denizbank is a lender based in Istanbul.

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