Otas deal does not stand for all Turkish loans, bankers say

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Otas deal does not stand for all Turkish loans, bankers say

Turk Telekom

Ojer Telekomunikasyon (Otas), the majority owner of Turk Telekom, failed to make a $290m payment on a $4.75bn loan which was signed in September 2013, according to a news report on Wednesday. But two bankers were quick to say that Otas's fate was not indicative of all Turkish borrowers.

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