Turkey’s Garanti Bank launches refi

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By Bianca Boorer
06 Nov 2017

Türkiye Garanti Bankasi has launched its second loan of the year as it refinances a $1.2bn facility due to mature this month.

Garanti, rated Ba1/BB/BBB-, launched the new deal last week with the commitment deadline set for next week, according to a banker looking at the deal. It wants to wrap up the syndication in two weeks’ time.

Bank of America Merrill Lynch and First Abu Dhabi Bank are co-ordinating the ...

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