News
31 May 2023

More details on Akbank's debut social loan

In:
Agri/Soft Commodities, Chemicals/Petrochemicals, Infrastructure, Other
Region:
Asia-Pacific, Europe
By Max Thompson

More details have emerged on Akbank’s first social syndicated loan signed in April this year — with two tranches worth $245.5 million and €233 million. Each has a 367 day maturity carrying all-in margins of Sofr plus 425bp and Euribor plus 400bp, refinancing a $700 million loan from...

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