Turkish banks storm market, demand sees deals oversubscribed

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Turkish banks storm market, demand sees deals oversubscribed

A trio of Turkish banks pulled around $3.26bn out of the conventional and Islamic loan markets this week. Top tier borrowers Garanti Bank and Yapi Kredi both signed €1.1bn-equivalent conventional refinancing facilities, while Bank Asya signed a $382.5m Shariah-compliant loan.

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