Turkey's Alternatıfbank Secures 1-year Syndıcated Loan

Turkey-based Alternatifbank A.S. (ALNTF.IS), a subsidiary of unlisted conglomerate Anadolu Group, said Tuesday it has secured a one-year syndicated loan from domesticforeign markets.


In a statement to the Istanbul Stock Exchange, the bank said the loan comprises two tranches, a $42.5 million tranchea EUR113 million tranche.
(YC-YC-E-ENG)