ENTITY Vakifbank

Vakifbank

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RESEARCH · CL_25961 · May 11 · 04:49

Vakifbank secures $1.3B financing from Apollo

Vakifbank, a state-owned Turkish bank, has secured $1.3 billion in Diversified Payment Rights (DPR) securitization financing from Apollo. This deal, with a final maturity of 12 years and a 5-year grace period, brings Va…