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Ziraat Bank has launched a $1bn loan to refinance a facility signed in April last year with pricing in line with Akbank’s new loan.
Emirates NBD and <b>Standard Chartered</b> are co-ordinating the facility, which was launched on Tuesday.
It will have tranches with tenors of 367 days and two years and will be priced in line with Akbank’s new loan. Akbank’s loan was priced all-in at 120bp over Euribor and 130bp over Libor...