Global Lenders Eye Turkey’s Cash-Strapped Companies
Welcome to The Brink. It’s Selcuk Gokoluk and Libby Cherry in London, where we have been looking at Turkish companies seeking a way back to dollar bonds and loans. We also have news on the legal battle around Serta Simmons, the troubles for the owner of the Telegraph newspaper and Coinbase. Follow this link to subscribe. Send us feedback and tips at [email protected] or Tweet/DM to @selcukgokoluk.
Most Turkish companies have been shut out of international bond markets for years because of President Recep Tayyip Erdogan’s commitment to low interest rates despite rising inflation. But with Erdogan seemingly ready to ditch his unorthodox economic policies, they may have reasons to celebrate.
