Bloomberg News

Turkey’s Dogus Holding Seeks $250 Million Three-Year Term Loan

July 04, 2012

Dogus Holding AS, the Turkish company with interests in banking, construction and tourism, is seeking a $250 million loan, according to a statement on the company’s website.

The three-year multicurrency facility will be used for general corporate purposes and to support trade finance requirements of subsidiaries, the Istanbul-based company said.

Syndication of the loan, which is being arranged by Banc of America Securities Ltd. and Citigroup Inc, started yesterday, according to the statement.

To contact the reporter on this story: Louise Meeson in London at lmeeson@bloomberg.net

To contact the editor responsible for this story: Faris Khan at fkhan33@bloomberg.net


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