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Fortenova sells agri unit to Podravka for 333 mln euro
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Turkey's Gozde Girisim cleared to issue 500 mln lira (170 mln euro) in debt

Dec 17, 2014, 2:36:38 PMArticle by Yurkie Ali
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ISTANBUL (Turkey), December 17 (SeeNews) – Turkish private equity firm Gozde Girisim Sermayesi Yatirim Ortakligi [BIST:GOZDE] said on Wednesday it has received regulatory approval to issue up to 500 million Turkish lira ($212 million/170 million euro) in debt instruments.

Turkey's Gozde Girisim cleared to issue 500 mln lira (170 mln euro) in debt

The company will direct the debt to qualified investors in the domestic market, it said in a bourse filing.

Gozde Girisim aims to invest in non-food companies that have financial and operational restructuring needs which promise comparably rapid and higher returns.

(1 euro = 2.9438 Turkish lira)

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