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Ankara – Harmony:
The creditor banks of Turk Telecom, Turkey's largest telecommunications company, issued a statement to create a special purpose company to transfer ownership of Turk Telekom shares.
[194] The Turkish Labor Bank Türkiye İş Bankası and the Guaranty Bank Garanti Bankası and Akbank Bank issued a statement entitled "Rescheduling Otash's Debt to the General Disclosure Platform of Kamuyu "Aydınlatma Platformu and returned to provide the information mentioned.
The three banks announced in a statement reached all the creditors of the company Otash including the aforementioned banks to the rescheduling agreement of the loan agreements of the company Otash.
Otash obtained loans from 29 local and foreign banks including the bank that will receive $ 1.7 billion Billion dollars and the labor bank, which will receive $ 500 million. Among the creditor banks are the banks BNP Paribas and Deutsche Bank
In 2013, Saudi Arabian group Otash of the Lebanese family Hariri received a loan of 4.75 billion dollars with a guarantee of 55 Turk Telecom's% but the company has not been able to pay loan payments for about two years.
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