European Bank for Reconstruction and Development (BERS) participates with a financing of 79,5 million dollars to the first emission of obligations for infrastructural plans realized in Turkey. Draft of the emission of Eurobond for 450 million dollars from the Mersin International Port (MIP), joint venture between terminalista group PSA International of Singapore and Holding the Akfen Turk whom the port of Mersina
(14of
May 2007 manages). The emission will be used in order to refinance a credit line and in order to finance part of the investment program for the development of the Turkish port.
"This investment - the director for the Transports of the BERS, Sue Barrett has explained - represents a milestone, constitutes a debut for Turkey and is important for the BERS. Mersin International Port is experiencing a bond loan for infrastructural plans in Turkey that will serve from model for other infrastructural investments in the nation. Moreover this is the first participation of the BERS to a Turkish emission of Eurobond" .