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Bank Asya murabaha financing reaches close

17 April 2007

Mandated lead arrangers ABC Islamic Bank, Standard Chartered Bank and Unicredit Markets & Investment Banking – acting through Bayerische Hypo- und Vereinsbank – have successfully closed a $175 million syndicated murabaha financing facility for Turkey's Asya Katilim Bankasi (Bank Asya).

The facility has been structured as a dual one and two-year tranche facility. Proceeds will be used by Bank Asya for its general financing...


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