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By Akin Nazli in Belgrade Akbank (AKBNK), a unit of Turkish conglomerate Sabanci Holding (SAHOL), has obtained a 367-day sustainability-linked syndicated loan in two tranches of $310mn and €267mn, the lender said on April 17. Story chart: Turkish corporates’ external debt rollover rates. A total of 45 banks from 10 countries, including 16 newcomers, are participating in the facility. The renewal rate stood at 120%, while spreads fell sharply by 175bp compared to last year and by 100bp compared to the autumn season. The benefits of Turkey’s so-called economic normalisation policy applied since …

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