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Turkey's Kuveyt Turk taps Citi, Liquidity House for $100 million sukuk
By Christine Van Dusen
Atlanta, Aug. 10 - Turkey's Kuveyt Turk has tapped Citigroup and Liquidity House for a $100 million three-year sukuk issue of fixed-rate senior unsecured notes, a market source said.
The Regulation S deal, to be issued through KT Turkey Sukuk Ltd., is expected to price during the Aug. 16 week.
Kuveyt Turk is a participation bank based in Istanbul.
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