VOL. XLIV
No. 17
23-April-2001
TURKEY
Turkeys Akbank Arranges $330Mn Loan For Deriner Dam And Hydroelectric Plant
Turkeys Akbank announced on 10 April that it and ABN AMRO Bank were lead arrangers in a $330mn loan to Turkey that would be used to finance the construction of the Deriner Dam and a 670mw hydroelectric power plant. The project is located on the Coruh River in northeast Turkey and is scheduled for completion by the end of 2005. Akbanks statement said local construction would be...
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