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Turkey

Turkey mandates banks for new USD-denominated bond issue

Nov 24, 2020, 12:00:00 AMArticle by Dragana Petrushevska
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November 24 (SeeNews) - Turkey's ministry of finance said on Tuesday it has mandated three international banks for the issuance of an 11-year bond issue denominated in U.S. dollars.

Turkey mandates banks for new USD-denominated bond issue
Author: 401(K) 2012 on Flickr, CC BY-SA 2.0

The ministry has mandated Goldman Sachs, HSBC, and Morgan Stanley for the issuance of the bond, it said in a statement.

The new bond issue will mature in 2031.

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