Loan & DebtJun 24, 2026, 01:17 PM
Turkcell Issues TRY 500M Financing Bond at 40.25% Annual Interest
AI Summary
Turkcell İletişim Hizmetleri A.Ş. announced the completion of a financing bond issuance totaling TRY 500,000,000. The bond, with a 93-day maturity until September 25, 2026, carries an annual simple interest rate of 40.25%. This issuance was conducted through private placement to qualified investors in Türkiye, utilizing part of the company's TRY 15,000,000,000 approved issuance limit.
Key Highlights
- Turkcell issued a financing bond with a nominal amount of TRY 500,000,000.
- The bond has a maturity date of September 25, 2026, making it a 93-day maturity.
- The annual simple interest rate for the bond is 40.25%.
- The annual compound interest rate for the bond is 46.6931%.
- The issuance was made to qualified investors within Türkiye, without a public placement.
- The bond issuance falls under a TRY 15,000,000,000 issuance limit approved by the Capital Markets Board.
- The securities were transferred to investor accounts on June 24, 2026.
- The company holds a Long Term National Rating of AAA (tr) from JCR Avrasya Derecelendirme A.Ş., which is investment grade.
Price Impact
More from TKC