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Turkey's Bis Enerji sells 30 mln lira (11 mln euro) in bonds

Dec 23, 2014, 5:41:42 PMArticle by Yurkie Ali
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ISTANBUL (Turkey), December 23 (SeeNews) – Turkish power producer Bis Enerji Elektrik Uretim [BIST:BSENR] said on Tuesday it has sold 30 million Turkish lira ($13 million/11 million euro) in two-year floating rate bonds.

Turkey's Bis Enerji sells 30 mln lira (11 mln euro) in bonds
hikrcn/Shutterstock.com

The bonds, placed with qualified investors, have a first coupon rate of 3.2246%, Bis Enerji said in a bourse filing.

The company has a limit to issue 150 million lira in bonds on the domestic market.

(1 euro = 2.833 Turkish lira)

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