By Christine Van Dusen
Atlanta, Dec. 19 - Turkey's Turk Ekonomi Bankasi AS priced a €100 million tap of its notes due Nov. 4, 2023 with a coupon of Euribor plus 475 basis points, according to a company filing.
The notes are part of a program to issue €800 million notes.
In October, the Istanbul-based lender priced a €75 million issue of notes due Nov. 4, 2023 at par to yield Euribor plus 475 basis points.
BNP was the bookrunner for the notes, which are callable on Nov. 4, 2018.
| Issuer: | Turk Ekonomi Bankasi AS
|
| Amount: | €100 million
|
| Maturity: | Nov. 4, 2023
|
| Description: | Notes
|
| Coupon: | Euribor plus 475 bps
|
| Call: | Nov. 4, 2018
|
| Trade date: | Dec. 19
|
| Settlement date: | Dec. 21
|
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