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Turkey

Turkey's Gozde Girisim sells 400 mln lira (142 mln euro) in bonds

Dec 29, 2014, 7:01:26 PMArticle by Yurkie Ali
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ISTANBUL (Turkey), December 29 (SeeNews) – Turkish private equity and venture capital firm Gozde Girisim Sermayesi Yatirim Ortakligi [BIST:GOZDE] said on Monday it has sold 400 million Turkish lira ($173 million/142 million euro) in 24-month floating rate bonds.

Turkey's Gozde Girisim sells 400 mln lira (142 mln euro) in bonds

The bonds, directed to qualified investors in the domestic market, carry a first coupon rate of 2.8565%, the company 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 = 2.8234 Turkish lira)

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