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.
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