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Banks sign VakifBank trade loan

23 September 2011

Turkey’s VakifBank locks in dual currency syndicated trade revolver.

Read more: VakifBank trade revolver

A group of 26 banks have signed a one-year, $754.26 million, dual currency trade loan on behalf of Turkey’s VakifBank. The deal is split between a $145 million tranche and Eu433 million ($582.4 million) dual currency term loan.

The deal refinances the $135...


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