Turkish participation lender Bank Asya said on Thursday, in a statement with the IMKB, that the bank has secured a 1-year US$171mn and EUR94.5mn murabaha syndication loans from a consortium of 26 international banks from 19 countries. (full story)
31/03/2011 16:10:38
Turkish participation bank Bank Asya obtained a murabaha syndication facility of 300 million USD.
The murabaha syndication facility has been realized with the participation of 28 banks and financial institutions from 18 countries led by Standard Chartered Bank, ABC Islamic Bank, Noor Islamic Bank and National Bank of Abu Dhabi.
The maturity of the facility is determined as one year in Euro and USD tranches.
The agreement on the availability of the credit reaching a volume of 171 million USD and 94,5 million Euro was signed in a ceremony in Istanbul.
The syndication was secured with an interest rate of Libor/Euribor plus 1.5 percent.
(AA) (full story)
Source : http://www.strateji.com.tr/scripteng/Haber.asp?v=20110331171129 - March 31, 2011
Source : http://www.strateji.com.tr/scripteng/Haber.asp?v=20110331161038 - March 31, 2011
