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Akbank launches autumn syndicated loan renewals season for Turkish banks at better costs
Akbank, a unit of Turkish conglomerate Sabanci Holding, has obtained a 367-day sustainability-linked syndicated loan in two tranches of $266mn and €318mn, the lender said on October 27. A total of 36 banks from 18 different countries, including 13 newcomers, participated in the facility. The renewal rate jumped to 146%,…
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Click here to read the full story: Intelli News