Akbank secured a syndicated loan

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Akbank secured a syndicated loan

Akbank secured a social themed syndicated loan from international markets consisting of two tranches in dollars and euros. Akbank secured a social themed syndicated loan from international markets consisting of two tranches of $245.5 million and €233 million with a maturity of 367 days. According to the statement made to the Public Disclosure Platform, the total cost of the loan was Sofr+4.25 percent and Euribor+4.00 percent for the dollar and euro parts, respectively.