Galatasaray mandates Goldman to restructure

September 5, 2008

Galatasaray said it had also agreed with Goldman Sachs on issuing a $50 million bond, which could extend to $70 million.

Turkey’s Soccer club Galatasaray said on Friday it has mandated investment bank Goldman Sachs to help restructure the Turkish league champion and obtain a $100 million loan.

Galatasaray said in a statement it had also agreed with Goldman Sachs on issuing a $50 million bond, which could extend to $70 million.

Source:Reuters

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