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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
HYC
SSA
PRCD
EXCRTU
Türkiye Ihracat Kredi Bankasi AS (Turk Eximbank)$500
1EMEA
Jun 23, 2025
currency
USD
size (m)
500.000
maturity
Jul 3, 2028
type
Fixed
tenor
3.000
call
-
registration
144A/Reg S
benchmark
-
ranking
Sr. Unsecured
moody's
B1
s&p
-
fitch
BB-
size description
Will Not Grow
re-open/tap
No
ipt
7.50% area
ipt-pxd
-
guidance
7.125% area (+/- 12.5), WPIR
spread
-
coupon
6.875%
spread set
-
price
99.66500
yield
7.000%
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
left lead
active leads
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
left lead
active leads
joint leads
-
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Registration: 144A/Reg S;
Deal Comments
Turkiye Ihracat Kredi Bankasi A.S. (Export Credit Bank of Turkiye Inc) (EXCRTU), exp B1/BB- by Moody's/Fitch, US$500m (no grow) 144A/Reg S 3y FXD sr notes due 7/3/28. Citi (B&D)/ING/StanChart joint global coordinators. ADCB/BBVA/Citi (B&D)/DB/ENBD/FADB/ING/MUFG/SMBC/SG/StanChart joint books. Listing: The Global Exchange Market (GEM) of Euronext Dublin. Governing Law: English Law. Denoms: 200,000 x 1,000. UOP: gcp. Investor Presentation: URL: https://dealroadshow.com Entry Code: TREXIM2025Direct Link: https://dealroadshow.com/e/TREXIM2025. Pricing 6/23. Settle 6/30 (T+5). 144A ISIN: US90015LAK35. IPTs: 7.50% area.FINAL GUIDANCE: 7.125% area (+/- 12.5), WPIR. Books >2bn. Books subject 14.45 UKT / 9.45 EST.LAUNCHED: $500m 3y at 7.00%. Books >2.1bn. PRICED: $500m 6.875% 7/3/28 99.665 7.00%.

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