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Is Bank Secured USD 350 mn

28th Dec 2005 07:00

Turkiye Is Bankasi27 December 2005 Is Bank Secured a Loan of USD 350 million On December 23rd,2005, Turkiye Is Bankasi A.S. secured a loan of USD 350 millionin two tranches, with a term of 8 years, based on international credit cardreceivables. USD 150 million of the transaction is insured by Financial GuarantyInsurance Company (FGIC). This information is provided by RNS The company news service from the London Stock Exchange

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