Turk Telekom signs term loan as Erdogan calms markets

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Turk Telekom signs term loan as Erdogan calms markets

Galata Kulesi, Turkey from Fotolia by bilal ulker 230x150

Turk Telekomunikasyon (Turk Telekom), the telecommunications company headquartered in Ankara, signed a $100m four year term loan on Monday. Turkish markets have calmed after the country's president Recep Tayyip Erdogan’s clarified statements he made on Sunday about Turkish companies investing abroad.

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