Akbank out to lenders for trade on-lending facility refinancing

Akbank is refinancing a $337 million plus €515 million ($596 million) dual currency one-year trade finance on-lending facility. The new deal will comprise one and two-year tranches. The borrower is looking for all-in pricing for the 367-day tranche of Libor plus 160bp and Euribor plus 150bp;...