tiprankstipranks
Trending News
More News >

Turkcell Completes Redemption of High-Yield Bond

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App