Turkey's Yapı Kredi secures $933M syndicated loan from 40 lenders
What's the deal? Turkish lender Yapı KrediDealroom has a profile for this one. Try Dealroom → has signed a roughly $933 million syndicated loan drawn from 40 financial institutions across 18 countries. The facility, arranged in the second half of 2026, is split into four tranches with maturities of 367 and 734 days.
The terms: Abu Dhabi Commercial BankDealroom has a profile for this one. Try Dealroom →, Bank of America, Emirates NBDDealroom has a profile for this one. Try Dealroom →, and Standard Chartered acted as coordinators, with Emirates NBD also serving as agent. The one-year tranches priced at SOFR + 1.25% and Euribor + 1.00%, rising to SOFR + 1.75% and Euribor + 1.45% on the two-year tranches.
By the numbers: The deal comprises $349 million and €356.5 million at 367 days, plus $97 million and €77 million at 734 days.
What it's for? The post-IPO debt refinances the bank's international borrowing and funds customer financing needs. Chief executive officer Gökhan Erün called the facility a reflection of "the long-standing and strong relationships we have built with international financial institutions."
Why now? The loan lands amid a broader Turkish-bank refinancing season. Its pricing matches levels recently reported for AkbankDealroom has a profile for this one. Try Dealroom →'s autumn renewal, suggesting routine market access rather than a uniquely favourable repricing.
The signal: The deal is smaller than Yapı Kredi's spring 2025 sustainability-linked facility of about $1.165 billion, which drew 55 lenders, and below its $1.274 billion November 2025 syndication. The takeaway is continued international access and broad lender participation — not a new size record.
Read more: dunya.com
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