Turkish Eximbank has authorized banks for Eurobond issuance.

New Step from Turkish Eximbank: Eurobond Issuance Authorization

Turkish Eximbank has taken an important financial step by granting banks the authority to issue bonds in dollars.

Approved Issuance Amount and Conditions

In line with the approval obtained from the Capital Markets Board, Turkish Eximbank has the authority to issue a total of 8 billion dollars or equivalent in other currencies, in one or several tranches. The issuance will be carried out if market conditions are favorable.

Comprehensive Bank Consortium

The selected banks for the issuance include Abu Dhabi Commercial Bank PJSC, Banco Bilbao Vizcaya Argentaria, S.A., Citigroup Global Markets Limited, Deutsche Bank AG (London Branch), Emirates NBD Capital Limited, First Abu Dhabi Bank PJSC, ING Bank N.V., MUFG Securities EMEA Plc., SMBC Bank International Plc, Société Générale, and Standard Chartered Bank.