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ABN Amro (bookrunner), Bank of Tokyo-Mitsubishi (facility and documentation agent) and WestLB (bookrunner) have been mandated by Turkiye Ihracat Kredi Bankasi AS (Turk Eximbank) to arrange a new US$100mn one-year syndicated term loan facility.

The mandated lead arrangers, who have underwritten the facility in full, have approached a select number banks to join the facility ahead of general syndication and further details will be released following launch of general syndication.

There will be a bullet repayment, while the margin pays 130bp.