Business is booming.

Sustainable syndication loan of 810 million dollars to Yapı Kredi

0 34

According to the news in Bloomberg HT; In this $810 million process of Yapı Kredi, the performance criteria for reducing the Bank’s scope 1 and 2 greenhouse gas emissions were added in addition to the “ESG risk management rating and electricity supply from renewable power sources” criteria included in the sustainability-linked syndicated loans made in 2021.


The maturity of the loan provided by the bank in two different currencies, USD 349.5 million and EUR 431.5 million, was 367 days and the cost was SOFR plus 2.75 percent and Euribor plus 2.10 percent, respectively.

Bank of America, Abu Dhabi Commercial Bank, Emirates NBD and The Commercial Bank of Qatar were the joint coordinators of the syndicated loan, the sustainability coordinator was Bank of America, MUFG and Standard Chartered, and the intermediary was Mizuho Bank.

Leave A Reply

Your email address will not be published.