Turkey Wealth Fund Said to Hire Banks for 1 Billion Euro Loan
By Kerim Karakaya
, Ercan Ersoy
, and Asli Kandemir
February 6, 2019, 9:50 AM EST Updated on February 6, 2019, 11:35 PM EST
Turkey’s largely dormant sovereign wealth fund hired Citigroup Inc. and Industrial Commercial Bank of China Ltd. to act as coordinators for a 1 billion euro ($1.14 billion) syndicated loan, according to five people with knowledge of the matter.
More:Turkey Wealth Fund Said to Hire Banks for 1 Billion Euro Loan - Bloomberg