Turkey's Alternatıfbank Seeks Syndıcated Loan

Turkey-based Alternatifbank A.S. (ALNTF.IS), a subsidiary of unlisted conglomerate Anadolu Group, said Tuesday it has mandated international banks led by Standard Chartered Bank to secure a one year syndicated loan from international markets.

In a statement to the Istanbul Stock Exchange the bank said the loan consists of two tranches, a euro tranchea dollar tranche.

It didn't give any information about the amount of the loan.
(SB-SB-ENG)