VakıfBank Provided 1.02 Billion Dollars in Financing

BIST News
VakıfBank secured $1.02 billion in funding through a financing transaction based on new international money transfer flows; the details of the transaction and maturity information are in our news.

VakıfBank Makes a Significant Financing Move

VakıfBank has signed a new financing transaction worth a total of 1 billion 22 million USD. This transaction was carried out within the framework of the Diversified Payment Rights – DPR Program based on overseas remittance flows.

Transaction Details

According to the announcement made on the Public Disclosure Platform (KAP), the total amount of this transaction consists of 524 million USD and 425 million Euro, divided into two tranches.

Investor Profile and Maturity Information

Notable information includes that the total of nine allocations provided under the DPR Program has maturities ranging from at least 5 years to a maximum of 10 years. The funding was obtained from international qualified institutional investors and correspondent banks.

⚖️ Yasal Uyarı:Bu içerik yatırım tavsiyesi niteliği taşımaz. Yatırımlarınızla ilgili kararlarınızı kendi araştırmalarınız ve risk profilinize göre almanız önerilir.

VakıfBank, financing, DPR Program, BIST, foreign remittance

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