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Turkey's Yapi Kredi Finansal Kiralama sells 54 mln lira (19 mln euro) in bonds

Dec 18, 2014, 5:41:12 PMArticle by Yurkie Ali
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ISTANBUL (Turkey), December 18 (SeeNews) – Turkish financial leasing company Yapi Kredi Finansal Kiralama [BIST:YKFIN] said on Thursday it has sold 54 million Turkish lira ($23 million/19 million euro) in 179-day bonds to qualified investors.

Turkey's Yapi Kredi Finansal Kiralama sells 54 mln lira (19 mln euro) in bonds

The bonds carry an annual compound interest rate of 9.86%, said the company in a bourse filing.

Yapi Kredi Finansal Kiralama is a subsidiary of Yapi Kredi, Turkey’s fourth largest private bank in terms of total assets.

(1 euro = 2.8457 Turkish lira)

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