Published: October 30, 2014
Turkish bank attracts US$3.8bn orderbook for 5-5-year paper.
Turkey’s İşbank has raised US$750mn with a 5.5-year international bond.
The bank sold the paper with a spread of 335 basis points over mid-swaps.
The deal, arranged by Citi, Commerzbank, MUFG, Natixis and Standard Chartered, attracted an orderbook of US$3.8bn from some 280 investors.