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Turkey's Turk Eximbank revises talk for $500 million five-year notes
By Christine Van Dusen
Atlanta, Oct. 28 - Export Credit Bank of Turkey (Turk Eximbank) revised talk for its $500 million offering of five-year notes (Ba1/BB) to the mid-swaps plus 412.5 basis points area, a market source said.
The notes were initially talked at the mid-swaps plus 437.5 bps area.
Barclays Capital, Citigroup, Commerzbank and ING are the bookrunners for the Rule 144A and Regulation S deal.
Turk Eximbank is an export credit agency based in Ankara, Turkey.
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