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Vakifbank secures syndicated loan

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Vakifbank secures syndicated loan

TürkiyeVakiflar Bankasi TAO on Sept. 26. signed a syndicated loanagreement amounting to $224.5 million and €544 million.

The 367-day facility was coordinated by ING Bank NV, London branchand National Bank of Abu Dhabi. Proceeds will be used for trade financepurposes.