Turkcell Completes Redemption of High-Yield Bond
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Turkcell Completes Redemption of High-Yield Bond

Turkcell Iletisim (TKC) has released an update.

Turkcell Iletisim Hizmetleri A.S., the Istanbul-based telecommunications giant, has successfully completed the redemption payment of its high-yield financing bond (ISIN code TRFTCELE2415) with an annual simple interest rate of 51.50%. The bond, with a nominal amount of 2.2 billion Turkish Lira and a 90-day maturity, was settled as planned on October 10, 2024. This move underscores Turkcell’s adherence to its financial commitments and reflects its robust financial management.

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

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