US $300,000,000 Club Facility
Yapi ve Kredi Bankasi a.s. US$ 300,000,000 One Year Club Loan Facility Please be informed that Yapi ve Kredi Bankasi A.S. ("Yapi Kredi") have closed a US$300 million self arranged club loan facility which renews an existing 1 year US$170 million facility. This has been closed in only 5 weeks from launch, reflecting the strong appetite which has resulted in a significant over subscription. This facility matches the success of the US$450 million syndicated facility that Yapi Kredi completed in July, which was launched at US$250million.
The facility has been achieved with 23 close relationship banks taking two levels of commitments. The banks comprise a geographic group from Japan, USA, Germany, UK, France, Italy, Bahrain and Austria with Natexis Banques Populaires, as facility agent and Fuji Bank, as documentary agent.
The deal carries a margin of 50bp per annum and was signed on the 29th September at the Yenikoy premises of YAPI KREDI. The signing was hosted by Mr. Naci Sigin, President and CEO of Yapi Kredi, and attended by representatives of the lending banks.
The Participating Banks Senior Arrangers
The Bank of New York
The Bank of Tokyo-Mitsubishi, Ltd.
Barclays Capital
Citibank, N.A.
Commerzbank Aktiengesellschaft
Credit Agricole Indosuez
The Dai-Ichi Kangyo Bank, Limited
Dresdner Kleinwort Benson
First Union National Bank
The Fuji Bank, Limited
Natexis Banques Populaires
Raiffeisen Zentralbank Osterreich AG
The Royal Bank of Scotland PLC
The Sakura Bank, Limited
Standard Chartered Bank
Arrangers
American Express Bank GmbH
ABC Group
Baden-Wurttembergische Bank AG
Banca Commerciala Italiana S.p.A.
Banca Monte dei Paschi di Siena S.p.A.
Bankgesellschaft Berlin A.G.
Gulf International Bank (B.S.C.)
Banca di Roma S.p.A.
Yapı Kredi / 29 Sep 2000