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Turkey's GarantiBank gives initial guidance for five-, 10-year notes
By Christine Van Dusen
Atlanta, Sept. 5 - Turkey's GarantiBank International NV has set initial price guidance for five- and 10-year notes via Bank of America Merrill Lynch, Citigroup, Commerzbank and Morgan Stanley, a market source said.
The five-year notes were talked at the Treasuries plus 375 basis points area. The 10-year notes were talked at the Treasuries plus 390 bps area.
A roadshow was held from Monday to Wednesday of this week.
GarantiBank is a lender based in Istanbul, Turkey.
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