Garanti closes in on $1bn refi, mid-tier deals progress

By Michael Turner
22 Nov 2013

Turkey's Garanti Bankasi is set to sign its loan to refinance $1bn-equivalent of euro and dollar bank debt by the end of next week.

Sumitomo Mitsui Banking Corp is the deal's facility agent, while Bank of America Merrill Lynch is documentation agent. The new one year loan will also be split between dollars and euros. 

Garanti defied expectations at the end of October when it priced this deal in line with the ...

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