Turkey’s Alternatifbank sets size, tenor for dollar-denominated notes

By Christine Van Dusen

Atlanta, April 11 – Alternatifbank AS set the size at $250 million to $300 million and the tenor at 10 years for its offering of notes, according to a company announcement.

BofA Merrill Lynch, Citigroup and Commerzbank are the bookrunners for the Regulation S deal.

The notes will be non-callable for five years.

The lender is based in Istanbul.

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