Content-type: text/html Turk Exim signs club facility - GTR International trade and export finance
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Turk Exim signs club facility

Last Updated June 28, 2012

Turkey’s export-import bank (Turk Exim) has won a one-year €224mn (US$280mn) loan from 14 international banks.

The facility has a margin of 120 basis points over Libor, and will be used to fund the exports of the bank’s clients, Turk Exim tells GTR.

Mızuho Bank acted as the coordinator and agent on the deal. The additional lenders include Commerzbank, Deutsche Bank, ING Group, Standard Chartered, Turk Ekonomi Bankasi and Mizuho Corporate Bank, the bank confirms.
 



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