Turkey’s Anadolubank has mandated American Express Bank GmbH, Commerzbank, Deutsche Bank London, Finansbank (Holland), Standard Bank Plc, Standard Chartered, Unicredit Group and Wachovia Bank as mandated lead arrangers to arrange a US$100mn syndicated term loan facility.
This is Anadolubank bank’s third syndicated deal, the proceeds of which will be used for pre-export finance. The facility will have a maturity date 364 days after drawdown and carries a margin of 35bp over Libor.
The facility, which is being arranged on a best efforts basis, will be launched into general syndication shortly.
