Deals
Limak of Turkey Gets $425 Million Loan to Buy Iskenderun Port
This article is for subscribers only.
Limak Holding AS of Turkey purchased the port of Iskenderun from the government for $372 million after obtaining a $425 million loan.
The Ankara-based company, which has construction, energy and airport interests, got the 13 1/2-year loan from six banks and made the payment to the government’s asset sales agency today, it said in an e-mailed statement.