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Turkey’s Turk Eximbank talks $500 million seven-year notes to yield 410 bps area over mid-swaps
By Christine Van Dusen
Atlanta, Oct. 18 – Export Credit Bank of Turkey SA (Turk Eximbank) set talk in the mid-swaps plus 410 basis points area for a $500 million offering of seven-year notes, a market source said.
Citigroup, HSBC, ING, Mizuho Securities, MUFG and Standard Chartered Bank are the bookrunners for the Rule 144A and Regulation S deal.
Proceeds will be used for general corporate purposes.
Turk Eximbank is an Ankara, Turkey-based export credit agency.
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