Turkey's Garanti Bank secures $500 million, 5-year financing

ISTANBUL Thu May 15, 2014 2:37am EDT

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ISTANBUL May 15 (Reuters) - Turkey's Garanti Bank secured financing worth $500 million with a maturity of 5 years through a "future flow" transaction, the lender said on Thursday.

Garanti said in a statement to the Istanbul stock exchange that the financing was secured within the framework of its international borrowing programme. (Reporting by Dasha Afanasieva, editing by Humeyra Pamuk)

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