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AKBTY Akbank Turk Anonim Sirketi (QX)

3.70
0.00 (0.00%)
13 Dec 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Akbank Turk Anonim Sirketi (QX) USOTC:AKBTY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 3.70 3.50 5.52 0.00 12:16:58

Akbank Sets Pricing on $500 Million 5Y Bond at Swaps +3.40 Area

15/10/2012 12:22pm

Dow Jones News


Akbank Turk Anonim Sirketi (QX) (USOTC:AKBTY)
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   By Sarka Halas 
 

Turkey's Akbank T.A.S. has set pricing on its $500 million, five-year senior unsecured bond in the area of 340 basis points over midswaps, one of the banks running the deal said Monday.

Bank of America Merrill Lynch, Citigroup, HSBC, JP Morgan and Societe Generale are the lead managers on the deal, which is expected to price later Monday.

The issuer is rated Baa2 by Moody's Investors Services, and BBB- by Fitch Ratings.

-Alessandro Pasetti contributed to this article.

Write to Sarka Halas at sarka.halasova@dowjones.com

1 Year Akbank Turk Anonim Sirketi (QX) Chart

1 Year Akbank Turk Anonim Sirketi (QX) Chart

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1 Month Akbank Turk Anonim Sirketi (QX) Chart

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