LPC-Turk Eximbank to sign increased 400m loan

July 20, 2016 12:53 PM

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LONDON, July 20 Turk Eximbank will sign an increased 400m syndicated loan on Thursday, a spokesperson at the bank said, despite the failed military coup that has threatened political and economic stability in the country.

The loan, which is being arranged by mandated lead arranger and bookrunner Mizuho, replaces 276m of existing facilities that were set to mature this month. It was launched into the market in June at 300m.

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