tiprankstipranks
Trending News
More News >

Turkcell Announces TRY 10 Billion Debt Issuance Plan

Story Highlights
Turkcell Announces TRY 10 Billion Debt Issuance Plan

Turkcell Iletisim ( (TKC) ) has provided an update.

On March 25, 2025, Turkcell’s Board of Directors announced a decision to issue debt instruments up to TRY 10 billion in the domestic market. These instruments, with maturities of up to two years, will be offered as private placements or sold to institutional investors, subject to the approval of the Capital Markets Board. This strategic move aims to enhance Turkcell’s financial flexibility and strengthen its market position.

More about Turkcell Iletisim

Turkcell Iletisim Hizmetleri A.S. is a prominent telecommunications company based in Istanbul, Turkey. It provides a wide range of communication services, including mobile and fixed voice, data, TV, and value-added services, primarily focusing on the Turkish market.

YTD Price Performance: -7.04%

Average Trading Volume: 550,644

Technical Sentiment Signal: Sell

Current Market Cap: $5.14B

For an in-depth examination of TKC stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App