Turkey's Akbank mandates banks for $1.5 bln bond issue

ISTANBUL Mon Oct 15, 2012 6:41am EDT

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ISTANBUL Oct 15 (Reuters) - Turkey's Akbank said on Monday it had mandated foreign banks to issue dollar-denominated bonds worth up to $1.5 billion.

Bank of America Merrill Lynch, Citi, HSBC, JPMorgan, and Societe Generale were hired for issuance, the lender said in a statement to the Istanbul Stock Exchange. (Writing by Seda Sezer)