Turkish Airlines seeks $500m for planes, mulls sukuk and bonds

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Turkish Airlines seeks $500m for planes, mulls sukuk and bonds

Turkish Airlines hopes to raise $500m for new plane orders in 2014 and is weighing up its financing options. The company is in talks with banks about a leasing arrangement using enhanced equipment trust certificates (EETCs), but could potentially follow this up with issuance of sukuk or eurobonds next year.

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