Turkey's Akbank secures $1.45 bln syndicated loan
ISTANBUL Aug 16 (Reuters) - Turkish lender Akbank said on Friday it had secured from international markets a one-year syndicated loan in two tranches of $419.5 million and 779 million euros ($1.03 billion).
It said the loan will be used for foreign trade financing and will have a total cost of LIBOR +0.75 percent and EURIBOR +0.75 percent. ($1 = 0.7546 euros) (Writing by Daren Butler; Editihg by Nick Tattersall)
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