ABC International Bank plc, Bank of Tokyo-Mitsubishi, Ltd and WestLB AG (mandated lead arrangers) have closed a three-year US$70mn term loan facility for Sabanci Bank plc.

The deal was launched at an amount of US$50mn and following an oversubscription in general syndication has been raised to US$70mn. Repayment is bullet at maturity. The margin pays 70bp over Libor.

Sabanci Bank plc is incorporated in England and based in London . It was established in 1983 and it is a British bank authorised and regulated by the Financial Services Authority.  Sabanci Bank plc is rated Baa1 by Standard & Poors and BBB by Fitch.

Following the close of general syndication the following banks joined the facility:


Banca Monte dei Paschi di Siena SpA, London branch

Bank Sepah International plc

Emirates Bank International

Erste Bank ( Malta ) Limited

HSH Nordbank AG

National Bank of Egypt International Limited


Lead managers

Landesbank Rheinland-Pfalz-Girozentrale

Melli Bank plc



Bank Leumi Group

RMB (International) Dublin Limited

Sampo Bank plc