Turkcell Iletisim (TKC) has released an update.
Turkcell Iletisim Hizmetleri A.S. has received approval from the Capital Markets Board to issue a new debt instrument, with an issue limit set at 8 billion Turkish Lira. The approval, which was granted on June 28, 2024, allows the company to proceed with a private placement sale to qualified investors within Turkey. This strategic financial move aims to bolster Turkcell’s capital structure and underlines its commitment to growth and financial stability.
For further insights into TKC stock, check out TipRanks’ Stock Analysis page.