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Turk Telekom issued USD500m Eurobond

Post Date: 26/02/2019

Turk Telekom issued USD500m Eurobond

The book building process of the planned bond issuance of our Company subject to Rule144A/RegS regulations and which is planned to be listed on the Euronext Dublin has been completed.

 

The information regarding the bonds to be issued is provided below:

USD 500 million with 6-year maturity, 28 February 2019 as the redemption date , 6.875% coupon rate, and 99.396% re-offer price.

The transaction is expected to be completed after subscription agreement is signed and order issuance certificate is obtained from the CMB.