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Turkey’s Yapi Kredi to offer dollar-denominated perpetual tier 1 notes
By Mary-Katherine Stinson
Lexington, Ky., March 26 – Yapi ve Kredi Bankasi AS (Yapi Kredi) is readying an offer of dollar-denominated perpetual fixed-rate resettable additional tier 1 notes, according to a notice.
Abu Dhabi Commercial Bank PJSC, Citigroup Global Markets Ltd., Emirates NBD Bank PJSC, Merrill Lynch International, Morgan Stanley & Co. International plc and Standard Chartered Bank are leading the sale.
The notes will be listed on Euronext Dublin.
Yapi Kredi is a lender based in Istanbul.
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