ISTANBUL (Turkey), December 17 (SeeNews) – Turkey’s Vakifbank [BIST:VAKBN] has applied for regulatory approval to issue debt instruments worth up to $5.0 billion (4.0 billion euro) or the equivalent amount denominated in other currency, the Capital Markets Board of Turkey said.
The bank plans to issue the bonds in international markets, the Turkish capital markets regulator said in its weekly bulletin on Tuesday.