Exclusive: Turkey presses banks to agree high-stakes bailout of bad energy loans [Reuters]
Houlihan Lokey, Inc. Class A (HLI)
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Source: Reuters
Exclusive: Turkey presses banks to agree high-stakes bailout of bad energy loans ISTANBUL (Reuters) - Turkey’s plan to clean up some $13 billion in bad energy loans, one of the worst hangovers from last year’s currency crisis, is taking shape even as some banks hold out for the government to agree to safeguards and higher electricity prices. According to interviews with more than a dozen bankers, investors, advisers and company executives, Ankara is working with lenders to craft legislation that would protect them from sharp losses as the debt is removed from their books, safely packaged as funds, and sold to foreign investors perhaps after a couple of years. The stakes are very high as Turkey takes the first of several steps needed to emerge from recession and halt a renewed selloff in the Turkish lira, including fixing its vast but troubled real estate and construction sectors. How quickly and credibly it can execute the energy-sector bailout could determine whether the largest econ
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- Houlihan Lokey (NYSE:HLI) was upgraded by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from a "hold (c+)" rating to a "buy (b-)" rating.MarketBeat
HLI
Earnings
- 1/28/26 - Beat
HLI
Sec Filings
- 2/25/26 - Form 8-K
- 2/25/26 - Form 424B7
- 2/10/26 - Form 4
- HLI's page on the SEC website