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English
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Hayır (No)
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Hayır (No)
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Hayır (No)
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On 18 February 2021, DenizBank secured a total of USD 435 million (USD 345,000,000 and EUR 73,582,062) funding under the Diversified Payment Rights (DPR) Securitization Programme backed by future flows, with maturities of up to 7 years, with 9 series signed by 13 investors in total in the transaction where Credit Suisse AG and Emirates NBD Capital Limited acted as Joint Coordinators and Book runners, and which received USD 150 million and 100 million USD investment from International Finance Corporation (IFC) and European Bank for Reconstruction and Development (EBRD), respectively. The financing is planned to be used for energy efficiency and renewable energy projects, supporting women entrepreneurs, the agricultural sector as well as working capital needs of businesses.
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