US $150,000,000 Term Loan
The Bank of Tokyo-Mitsubishi, Ltd., Barclays Capital, the investment banking division of Barclays Bank PLC, Commerzbank Aktiengesellschaft, The Dai-Ichi Kangyo Bank, Limited, First Union National Bank, Natexis Banques Populaires, Standard Chartered Bank and Sumitomo Mitsui Banking Corporation (the "Joint Arrangers", each a "Joint Arranger") have been mandated by Yapi ve Kredi Bankasi A.S. (the "Borrower" or "Yapi") to arrange a US$150,000,000 one year Syndicated Term Loan Facility (the "Facility").
The Facility will partially replace the US$300,000,000 term loan facility dated 29th September 2000 for Yapi ve Kredi Bankasi A.S.
The Joint Arrangers are currently approaching a select group of banks to join the Facility in general syndication, at one of the following levels:
Title Commitment Amount Participation Fee
Co-Arranger US$10,000,000 140.0 bps (flat)
Lead Manager US$5,000,000 130.0 bps (flat)
Manager US$3,000,000 125.0 bps (flat)
Participant US$2,000,000 122.5 bps (flat)
Summary details of the Facility
Borrower Yapi ve Kredi Bankasi A.S.
Amount US$150,000,000
Facility Type Syndicated Term Loan Facility
Purpose Pre-export finance
Term 364 days
Repayment Bullet at maturity
Margin 80 bps p.a.
Joint Arrangers' Roles
Co-ordinator The Bank of Tokyo-Mitsubishi, Ltd.
Bookrunners The Bank of Tokyo-Mitsubishi, Ltd.
Commerzbank Aktiengesellschaft
The Dai-Ichi Kangyo Bank, Limited
Facility Agent Sumitomo Mitsui Banking Corporation
Information Memorandum The Bank of Tokyo-Mitsubishi, Ltd.
Publicity The Bank of Tokyo-Mitsubishi, Ltd.
Yapı Kredi / 04 Dec 2001