ICBC Turkey Securities acted as Senior Mandated Lead Arranger, Lead Bookrunner and Coordinator on Türkiye Wealth Fund’s EUR 1.1 Billion Syndicated loan, involving 20 banks from 12 countries.
ICBC Turkey Securities acted as Senior Mandated Lead Arranger, Lead Bookrunner and Coordinator on Türkiye Wealth Fund’s March 2025 syndicated loan transaction of EUR 837 million and USD 285 million, with a two-year maturity, for the first time without a Treasury guarantee. The transaction, involving 20 banks from 12 countries, reaffirmed international confidence in Türkiye’s economy. As a response to the strong investor demand which is more than twice of the 2023 syndication amount, TWF added a U.S. dollar tranche to this year’s syndicated loan for the first time. Similar to the loans obtained in 2019, 2021 and 2023, the transaction was structured with a two-year maturity, and reached a total of €1.1 billion across two tranches. The new loan achieved a 139% rollover rate compared to the maturing 2023 facility.