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Turkey

Turkey's Vakifbank seeks regulatory nod to issue $5.0 bln in debt

Dec 17, 2014, 5:52:24 PMArticle by Yurkie Ali
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ISTANBUL (Turkey), December 17 (SeeNews) – Turkey’s Vakifbank [BIST:VAKBN] has applied for regulatory approval to issue debt instruments worth up to $5.0 billion (4.0 billion euro) or the equivalent amount denominated in other currency, the Capital Markets Board of Turkey said.

Turkey's Vakifbank seeks regulatory nod to issue $5.0 bln in debt

The bank plans to issue the bonds in international markets, the Turkish capital markets regulator said in its weekly bulletin on Tuesday.

($ = 0.803 euro)

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