Three follow Akbank into Turkish refi season

Mariam Meskin,

Silas Brown

March 12, 2019 12:00 PM

Erdogan_Flags_Turkey_PA_230x150 — (180813) -- ANKARA, Aug. 13, 2018 (Xinhua) -- Turkish President Recep Tayyip Erdogan delivers a speech during Turkish ambassadors' conference at Presidential Palace in Ankara, Turkey, on Aug. 13, 2018. Turkish President Recep Tayyip Erdogan has denounced the Lira crisis as a "plot against Turkey," warning that his country will forge new alliances and markets in response to a bitter rift with long-time ally the United States, which has caused the Turkish currency to hit record lows. (Xinhua/Turkish Presidential Palace) (lrz) | Turkish Presidential Palace/Xinhua News Agency/PA Images

Garanti Bank, Turk Eximbank and Ziraat Bank have begun refinancing one year loans, according to two loans bankers. Pricing is said to be in line with Akbank, which launched a refinancing in early February.

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Central and Eastern Europe (CEE)Syndicated LoansCEE LoansBank of America EMEA Islamic Finance Turkey ICBC Standard Chartered Emerging Market Loans Europe Emerging Markets CEE

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Mariam Meskin

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Silas Brown