Related Issuers
by Chris Reich
Jun 25, 2025 11:46 AM ET
Turkiye Sinai Kalkinma Bankasi AS (TSKB), exp issue rating B1 by Moody's (issuer ratings B1/B+ (p/p) by Moody's/Fitch)), $350m (down from US$400m no grow) 144A/Reg S 5y sr notes due 7/2/30. ADCB/BNP/Citi (B&D)/ENBD/ING/JPM/SMBC/StanChart as JLMs/JBRs. Coupon: Fixed, Payable s/a, Day count 30/360. Denoms: USD200k x USD1k. Law: English. Listing: Euronext Dublin (Official List). Documentation: $2 billion Global Medium Term Note Programme with Base Prospectus dated 13 May 2025, as supplemented on 4 June 2025. UOP: gcp. Netroadshow: Link: http://www.netroadshow.com/nrs/home/#!/?show=7b6a325bORhttp://www.netroadshow.com Entry code: TSKB2025 (not case-sensitive). Pricing 6/25. Settle 7/2 (T+5).
IPTs: 8.00% area.
LAUNCHED: $350m 5y at 7.50%. Book >750m (incl 25m of JLM int).
PRICED: $350m 7.375% 7/2/30 99.487 7.50%.