Vakifbank adds to Turkish wave

istanbul bosphorus px230
By Dan Alderson
28 Aug 2014

September looks set to field a rush of Turkish bank loans, with Vakifbank adding its name to the institutions already in the market for the year’s second wave of refinancings.

Expectations for a Vakifbank deal build on those of peers Yapi Kredi and Isbank, which are set to sign in the coming weeks.

Earlier this month Akbank led the wave, signing its $1.5bn refinancing facility. The bank paid the same 90bp ...

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