Akbank and Icecek to set Turkish loan trend
Turkish Coca-Cola bottler Icecek has appointed eight banks as mandated lead arrangers for a loan refinancing, while Turkish financial institution Akbank is set to appoint a co-ordinator to refinance its $1.2bn one year deal signed in March 2010. The firms are the first Turkish borrowers to approach the market in 2011, and the pricing of the deals will set the tone for the Turkish loan market for the year ahead. Read EuroWeek this Friday to find out more.
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