KM Financial Solutions | UPDATE 1-Turkey’s Akbank secures $980 mln syndicated loan, but pricing jumps
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UPDATE 1-Turkey’s Akbank secures $980 mln syndicated loan, but pricing jumps

UPDATE 1-Turkey’s Akbank secures $980 mln syndicated loan, but pricing jumps

Turkey’s Akbank
secured a $980 million syndicated one-year loan on Thursday,
agreeing to double the premium paid on a similar loan in March
and reflecting the rising risk burden for banks in the currency
crisis.

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