02.09.2015, 13:24
Bank ABC and HSBC Close US$ 106 Million Syndicated Loan for Yapı Kredi Leasing
OREANDA-NEWS.
Turkey’s
Yapı Kredi Leasing
has
successfully closed a
US
\\$
106 million syndicated loan
arranged by Bahrain
-
based Bank ABC and HSBC.
The two - year syndicated loan will be used by Yapi Kredi Leasing for general corporate and financing purposes. Bank ABC is acting as the Agent.
Özgür Maraş, General Manager of Yapı Kredi Leasing, said: "The successful closure of this syndicated loan reflec ts our high - quality asset structure, long - standing market leadership and wide experience in the sector. The loan also reaffirm s the reliability and credibility of Yapı Kredi Leasing in its field. ”
He added, “This syndicated loan will help us expand our business and operations, as it will cover the financing needs of our growing customer base. We will introduce leasing to a far wid er audience and help grow the leasing sector."
Other participants to the syndicated loan include First Gulf Bank PJSC , Garant iBank International N.V, BBK B.S.C. , United Arab Bank P.J.S.C. and HBL ISTANBUL.
About Yapı Kredi Leasing
One of the first four leasing companies founded in Turkey, Yapı Kredi Leasing has been active in the sector since 1987. As the leader of its sector, Yapı Kredi Leasing offers solutions to fulfil the financing needs of a variety of industries thanks to its robust structure and deep - rooted experience.
The two - year syndicated loan will be used by Yapi Kredi Leasing for general corporate and financing purposes. Bank ABC is acting as the Agent.
Özgür Maraş, General Manager of Yapı Kredi Leasing, said: "The successful closure of this syndicated loan reflec ts our high - quality asset structure, long - standing market leadership and wide experience in the sector. The loan also reaffirm s the reliability and credibility of Yapı Kredi Leasing in its field. ”
He added, “This syndicated loan will help us expand our business and operations, as it will cover the financing needs of our growing customer base. We will introduce leasing to a far wid er audience and help grow the leasing sector."
Other participants to the syndicated loan include First Gulf Bank PJSC , Garant iBank International N.V, BBK B.S.C. , United Arab Bank P.J.S.C. and HBL ISTANBUL.
About Yapı Kredi Leasing
One of the first four leasing companies founded in Turkey, Yapı Kredi Leasing has been active in the sector since 1987. As the leader of its sector, Yapı Kredi Leasing offers solutions to fulfil the financing needs of a variety of industries thanks to its robust structure and deep - rooted experience.
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