AIIB extends €140m loan to Turkey’s Antalya airport operator

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BEIJING: The Asian Infrastructure Funding Financial institution mentioned on Monday it has prolonged a €140 million ($153.66 million) mortgage to the operator of Turkey’s Antalya airport to enhance its present runway capability and terminal infrastructure.

The capex bridge mortgage is the AIIB’s first non-sovereign backed financing transaction within the airport business, the assertion mentioned, and the financing package deal is supplied in partnership with the Worldwide Finance Corp., part of the World Financial institution Group, and the European Financial institution for Reconstruction and Improvement. 

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