Related Issuers
by Chris Reich
Dec 02, 2020 9:53 AM ET
Istanbul Buyuksehir Belediyesi ("Istanbul Metropolitan Municipality" or "IMM"), exp B2/BB- by Moody's/Fitch, US$580m 144A/Reg S 5y sr notes due 12/9/25. BNP Paribas, J.P. Morgan, Nomura and Societe Generale as Joint Books; ING Bank as Lead Manager. UOP: Financing projects related to the Municipality’s Metro railway lines. Pricing Dec 2. Settle Dec 9.
IPTs: 7% area.
GUIDANCE: 6.75% area.
LAUNCHED: $580m at 6.60%.