Turkish corporate Dogus Holding has signed a 370-day debut US$75mn term loan facility. Deutsche Bank London, Dresdner Kleinwort Wasserstein Limited, Standard Bank London, Standard Chartered and WestLB London joined the facility as mandated lead arrangers. There will be no general syndication.
The guarantors are Dogus Insaat ve Ticaret and Dogus Otomotiv Holding
Although for general corporate purposes, the deal is interesting, showing appetite for Turkish risk.