Turkish bank Disbank’s US$125mn 364-day term loan is oversubscribed and an increase is expected. Mandated lead arrangers are American Express, Bank of New York, Bank of Tokyo-Mitsubishi, CoBank, Dresdner Kleinwort Wasserstein, HSH, HVB Group, ING, Natexis Banques Populaires, Standard Chartered and Wachovia.

The margin is 85bp over Libor. Co-arrangers were offered takes of US$7.5m for 115bp, lead arrangers US$5mn for 105bp, managers US$2.5mn for 95bp and participants US$1mn for 90bp.