Dual Tranche Multi-Currency Term Loan Facility

On 27 April 2012, Yapı Kredi successfully signed a 1-year Dual Tranche Multi-Currency Term Loan Facility comprised of a US Dollar tranche of US$ 264 million and a Euro tranche of € 864.5 million. This syndication represents the successful refinancing of Yapı Kredi’s existing syndication loan signed in 2011 with a roll-over ratio of above 100% despite worsening global macroeconomic conditions and is the highest amount received by a Turkish bank so far this year.

The club loan facility is raised by a syndicate of 44 of Yapı Kredi’s key relationship banks representing 21 countries. The all-in cost was realised at Libor/Euribor plus 1.45% per annum in April 2012. The Facility is intended to finance pre-export and export credit facilities available to Turkish exporters.

UniCredit Bank Austria AG acted as Coordinating Bank, Documentation and Facility Agent.

Istanbul, 27 April 2012

Enquiries:
Yapı Kredi Investor Relations
Tel: (90) (212) 339 7647
Email: yapikredi_investorrelations@yapikredi.com.tr