 In July 2005, VakıfBank increased this syndicated loan to "US$ 750 million" with 62 banks, including 34 arrangers.In September 2005, VakıfBank closed the 2005‑A Tranche of its new diversified payment rights securitization program which amounted to "US$ 750 million".The securitization resulted in the sale of the diversified payment rights to the SPC.