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PRICED: Turkey $3.5b Debt Offering in 2 Parts

TURKEY


  • $1.75b 5Y Fixed (Jan. 26, 2026) to Yield 4.9%IPT 5.25% area
  • Coupon: Semi-annual, 30/360See security information: 5Y Fixed
  • $1.75b Long 10Y Fixed (June 26, 2031) to Yield 5.95% IPT 6.25% area
  • Coupon: Semi-annual, 30/360See security information: Long 10Y Fixed
  • Issuer: Republic of Turkey (TURKEY)Exp. Ratings: B2/BB- (Moody's/Fitch)Format: SEC registered, global
  • Settlement: Jan. 26, 2021Denoms: 200k x 1kListing: Luxembourg
  • Law: New York
  • Bookrunners: Citi (B&D), GS, JPM
  • Target Market: Eligible counterparties, professional clients and retail clients (all distribution channels)
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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