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.

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