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Akbank secures jumbo trade loan
19 August 2010
A group of 52 banks have signed a jumbo trade loan for Turkey’s Akbank.
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Turkey Akbank
Akbank trade loan
Turkish FI trade loans
A group of 52 banks have signed a $1.2 billion trade loan for Turkey’s Akbank.
WestLB, Bank of America Merrill Lynch and ING Bank are the initial mandated lead arrangers for the loan with WestLB coordinating the loan. The deal was oversubscribed but not increased.
The loan...
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