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BEIJING: The Asian Infrastructure Investment Bank said on Monday it has extended a €140 million ($153.66 million) loan to the operator of Turkey's Antalya airport to improve its existing runway capacity and terminal infrastructure.
The capex bridge loan is the AIIB's first non-sovereign backed financing transaction in the airport industry, the statement said, and the financing package is provided in partnership with the International Finance Corp., a part of the World Bank Group, and the European Bank for Reconstruction and Development.