Turkey
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Denizbank launched an SLL, structures for Yapi Kredi and Isbank still 'in discussion' -
Deal highlights continuing demand for Turkish corps
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Subordinated debt has formed most CEE FIG issuance since January
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A stronger and familiar Turkish corporate, Türk Telekom, plans a sustainable debut
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Akbank opts for use of proceeds sustainable loan, others may drop ESG labelling altogether
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Timing on Denizbank and Isbank syndication launches clearer as Turkish bank loan refi season continues apace
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OCP and Sisecam dual tranche dollar deals fly, Kuwait International Bank sells AT1
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TBC Bank guides for AT1, Ziraat mandates for T2
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Deals are expected to go well, as investors have requested more of the paper
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Some of Turkey's top quality issuers are companies with strong followings but issuance has been sluggish
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One syndicate official off the deal expected at least 50bp of tightening
