İşbank raises €50M in sustainable bond sale abroad

What's the deal? Türkiye İş BankasıDealroom has a profile for this one. Try Dealroom → has completed the overseas sale of a euro-denominated sustainable bond with a nominal value of €50 million (about $58 million). The issuance was made under the bank's Global Medium Term Note programme.

The terms. The fixed-rate, single-coupon bond matures in August 2027 and carries an investment-grade national long-term rating from Fitch RatingsDealroom has a profile for this one. Try Dealroom →.

Why it matters. The issuance extends İşbank's sustainability-focused financing and broadens its funding base through international capital markets.

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Image credit: Seyfi Şeren