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Turkcell Completes Billion-Lira Bond Issuance
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Turkcell Completes Billion-Lira Bond Issuance

Turkcell Iletisim (TKC) has released an update.

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Turkcell Iletisim has successfully completed a private placement of financing bonds, totaling TRY 1.87 billion with a high annual simple interest rate of 49.50%, maturing on January 30, 2025. The bonds, issued under the company’s TRY 8 billion limit approved by the Capital Markets Board, will be transferred to investors’ accounts today, indicating strong investor confidence as evidenced by the AAA (tr) rating from JCR AVRASYA.

For further insights into TKC stock, check out TipRanks’ Stock Analysis page.

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