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Turkcell Completes Redemption of High-Interest Bond
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Turkcell Completes Redemption of High-Interest Bond

Turkcell Iletisim (TKC) has released an update.

Turkcell Iletisim Hizmetleri A.S. has announced the successful redemption of its financing bond (ISIN code TRFTCEL72414) on July 12, 2024. The bond, with a nominal amount of TRY 2,500,000,000 and a maturity of 163 days, carried an annual simple interest rate of 47%. This redemption reflects Turkcell’s adherence to its financial commitments and the strengthening of its financial position.

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

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