ISTANBUL (Turkey), November 24 (SeeNews) – Turkish financial leasing services provider Ak Finansal Kiralama [BIST:AKFK] has applied for regulatory approval to issue up to $500 million (403 million euro) in debt instruments on the international markets, the Capital Markets Board of Turkey said.
The company plans to offer the debt instruments to qualified investors, the Turkish capital markets regulator said in its weekly bulletin released late on Friday.
Ak Finansal Kiralama is a subsidiary of local lender Akbank.
($ = 0.807 euro)