Commentary & Deal Flow

Book Update: Books > US$1.5bn (excl. JLM)
IPTs: 3yr: 6.625%a

• Issuer: Türkiye İhracat Kredi Bankası A.Ş. (Export Credit Bank of Türkiye Inc.)
• Issuer Ticker: EXCRTU
• Issuer Ratings: Ba3/BB- (Moody's/Fitch)
• Expected Issue Rating: Ba3 (Moody's)
• Ranking: Senior unsecured
• Format: 144A/Reg S (Cat. 2)
• Tenor: 3-year
• Settlement Date: 29-Apr-26
• Maturity Date: 02-May-29
• Currency/Size: US$ / Benchmark
• Coupon: Fixed, SA 30/360, Long First Coupon
• IPTs: 6.625% area
• Use of Proceeds: General corporate purposes
• Denominations: US$200,000 and integral multiples of US$1,000 thereafter
• Documentation: Issuer’s GMTN Programme
• Listing: The Global Exchange Market (GEM) of Euronext Dublin
• Governing Law: English Law
• Joint Global Coordinators: Citi (B&D), Emirates NBD Capital, ING and Standard Chartered Bank
• Joint Bookrunners: Abu Dhabi Commercial Bank, BBVA, Citi (B&D), Emirates NBD Capital, First Abu Dhabi Bank, ICBC, ING, MUFG, SMBC, Societe Generale and Standard Chartered Bank
• Investor Presentation: URL: https://dealroadshow.com Entry Code: EXIM2604 Direct Link: https://dealroadshow.com/e/EXIM2604
• Target Market: MiFID II / UK MiFIR - Eligible Counterparties and Professional clients only (all distribution channels)
• LEI: 789000JVRVYLAXGDWR11
• ISINs: Reg S Notes: XS3357256208 / Rule 144A Notes: to be updated
• Stabilisation: FCA/ICMA Stabilisation applies
• Timing: Books open, today's business