Turkey based Otokoc Otomotiv Ticaret Ve Sanayi AS has finalised a private placement in the TRY Fixed Rate Kebab Bond market. The financing matures in 2023 and was executed by a single dealer.
A Kebab bond is a TRL-denominated bond issued by a Turkish entity in the Turkish Domestic Bond market.
For all the deals placed in the market today use the Bond Market or Money Market Viewers.
| Issuer Details | |
| Issuer | Otokoc Otomotiv Ticaret Ve Sanayi AS |
| LEI | 7890007J0W09XI078862 |
| Industry | (Unknown Govt) |
| Country | Turkey |
| Issuer Description | Otokoç Otomotiv, founded in 1928, operates as the oldest and the most essential automotive company in Turkey. Otokoç Otomotiv Ticaret ve Sanayi A.Ş. was formed in 22 June 2001 by merging six companies that were operating with different legal entities as Koç Group Ford Dealerships in a legal entity. Otokoç Otomotiv operates 31 dealership branches (16 Otokoç, 15 Birmot), 51 Avis and 18 Budget offices throughout Turkey. Otokoç Otomotiv offers a diversified range of automotive products and services including new and used car sales, after sales services, wholesale spare parts and accessories sales, finance, insurance, car care services, daily car rental and operational leasing. |
| Generic Credit Rating | [Login to see full details] |
| Moody's Credit Rating | [Login to see full details] |
| S&P Credit Rating | [Login to see full details] |
| Fitch Credit Rating | [Login to see full details] |
| Trade Details | |
| Security Type | Bond |
| Amount | TRY [Login to see full details] |
| Total Amount including taps | TRY [Login to see full details] |
| Total Amount Outstanding | TRY [Login to see full details] |
| Total Order Book | TRY [Login to see full details] |
| Structure | Fixed Rate |
| Coupon | [Login to see full details] |
| Reoffer | [Login to see full details] |
| Term | [Login to see full details] |
| Comments | [Login to see full details] |
| Yield Notes | [Login to see full details] |
| Trade Date | [Login to see full details] |
| Settlement Date | [Login to see full details] |
| Maturity Date | [Login to see full details] |
Login to see if this deal qualifies as a Green Bond or Social Bond or other type of ESG Bond.
A Kebab bond is a TRL-denominated bond issued by a Turkish entity in the Turkish Domestic Bond market.
Check here for all issuer’s year to date financings.