Turkish corporate loans on hold as protests keep lenders away

Turkish event-driven corporate loans estimated to total more than $2bn have been postponed as public protests continue to rage in the country.

  • By Michael Turner
  • 20 Jan 2014

Discussions with Turkish companies began late last year and early in January for syndicated loans from international and domestic banks. These talks have now all come to a standstill, according to two loans bankers in London.

"There were a few $1bn deals and some smaller ones," said a senior ...

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