Turkish biscuit firms go crackers for loans with Yıldız joining Ak Gıda and Ulker

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Turkish biscuit firms go crackers for loans with Yıldız joining Ak Gıda and Ulker

November 05, 2014 12:00 AM
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In a busy run for Turkish food company loans, Ülker Biscüvi and Yıldız subsidiary Ak Gıda are set to close conventional and Islamic deals this week. Meanwhile, Yıldız itself has asked HSBC to underwrite a leveraged loan backing its $2bn acquisition of Jaffa Cake maker United Biscuits.

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