On 9 May 2018, Yapı Kredi successfully signed a syndicated loan agreement comprised of a 367 day and a 2 year 1 business day tranche totalling US$ 1.5 billion. The syndication is secured through four different tranches; US$ 332 million and Euro 898 million at 367 day maturity and US$ 50 million and Euro 25 million at 2 year 1 day maturity. This syndication is the successful refinancing of Yapı Kredi's existing syndication loan signed on 4 May 2017 with a 111% roll-over ratio following the scale-back.

The Dual Currency Term Loan Facility has been raised by a syndicate including 48 of Yapı Kredi's key relationship banks from 19 countries. The all-in cost was realised at Libor + 130 bps and Euribor + 120 bps for the 367 day tranche and Libor + 210 bps and Euribor + 150 bps for the 2 year and 1 business day tranche. The loan is intended to be used for trade finance activities and general corporate purposes.

Istanbul, 9 May 2018

Enquiries:

Yapı Kredi Investor Relations

Tel: (90) (212) 339 6770

Email: yapikredi_investorrelations@yapikredi.com.tr

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Yapi ve Kredi Bankasi AS published this content on 09 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 09 May 2018 09:10:03 UTC