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Published on 3/24/2015 in the Prospect News Emerging Markets Daily.

Turkey’s Akbank launches $500 million 10-year notes at 5¼%

By Christine Van Dusen

Atlanta, March 24 – Turkey’s Akbank TAS launched a $500 million offering of 10-year notes at 5¼%, a market source said Tuesday.

JPMorgan, Morgan Stanley and National Bank of Abu Dhabi are the bookrunners for the deal.

Akbank is a lender based in Adana, Turkey.


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