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Fortenova sells agri unit to Podravka for 333 mln euro

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Turkey's Ziraat Bank plans up to 15 bln lira (5.1 bln euro) debt issue

Dec 17, 2014, 10:57:23 AMArticle by Yurkie Ali

ISTANBUL (Turkey), December 17 (SeeNews) – Turkey's state-controlled lender Ziraat Bank [BIST:TCZB] said it has decided to issue up to 15 billion Turkish lira ($6.3 billion/5.1 billion euro) in debt instruments on the domestic market.

Turkey's Ziraat Bank plans up to 15 bln lira (5.1 bln euro) debt issue

The bank will issue the debt in one or more issues with maturities of up to five years, it said in a bourse filing on Tuesday.

Ziraat Bank will apply for regulatory approvals of the planned issue.

(1 euro = 2.9506 Turkish lira)

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Fortenova sells agri unit to Podravka for 333 mln euro

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