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Turkey's Vakifbank prices 5-year, $500M eurobond

Türkiye Vakiflar Bankasi TAO priced a five-year, $500 million eurobond at a yield of 5.650%.

The notes mature May 30, 2022, and have a coupon of 5.625%.

Commerzbank, Erste Group Bank AG, Goldman Sachs International, HSBC Bank Plc, J.P. Morgan and Natixis managed the offering to international investors domiciled outside Turkey.