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Published on 2/28/2013 in the Prospect News Emerging Markets Daily.

Turkey's GarantiBank sets initial price talk at 7½% for lira notes

By Christine Van Dusen

Atlanta, Feb. 28 - Turkey's Turkiye Garanti Bankasi AS (GarantiBank) has set initial price talk at 7½% for its planned issue of Turkish lira-denominated notes, a market source said.

BNP Paribas, Deutsche Bank, Goldman Sachs, Mitsubishi UFJ Securities and Standard Chartered Bank are the bookrunners for the deal.

GarantiBank is a lender based in Istanbul.


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