You have 10 free articles left this month. Get your freeBasic subscription now and gain instant access to more.

Turkey's Tupras to issue 200 mln lira (74 mln euro) in bonds

Author Yurkie Ali
Turkey's Tupras to issue 200 mln lira (74 mln euro) in bonds

ISTANBUL (Turkey), January 14 (SeeNews) – Turkish oil refiner Tupras [BIST:TUPRS] said it will issue 200 million Turkish lira ($87 million/74 million euro) in 728-day fixed coupon bonds on the domestic market.

The bookbuilding process for the issuance will be held on January 14, 15 and 16, the company said in a bourse filing on Tuesday.

Tupras has regulatory approval, received on December 30, 2014, to issue up to 1.0 billion lira in bonds on the domestic market.

(1 euro = 2.7113 Turkish lira)

Compare