Turk Eximbank plans $8 billion bond issuance
Turk Eximbank has authorized the General Directorate to issue bonds abroad up to a maximum amount of $8 billion.
In a statement made to the Public Disclosure Platform (KAP), Turk Eximbank announced that the General Directorate has been authorized to issue debt instruments abroad up to a maximum total of 8 billion US dollars or the equivalent in foreign currency.
According to the statement made by Turk Eximbank to the Public Disclosure Platform (KAP), a bond issuance abroad is planned in line with the Board of Directors' decision dated October 2, 2026. Within the framework of this decision, it was decided to issue debt instruments in one or more tranches up to a maximum total of 8 billion US dollars or the equivalent in any foreign currency.
While it was stated that the issuance could have a maximum maturity of 10 years with fixed and/or floating interest rates, the General Directorate was authorized to carry out all necessary transactions in this regard.
Sources
- bloomberght.com · Link