Turkcell Completes Redemption of High-Yield Bond
Company Announcements

Turkcell Completes Redemption of High-Yield Bond

Turkcell Iletisim (TKC) has released an update.

Turkcell Iletisim Hizmetleri A.S., the Istanbul-based telecommunications giant, has successfully completed the redemption payment of its high-yield financing bond (ISIN code TRFTCELE2415) with an annual simple interest rate of 51.50%. The bond, with a nominal amount of 2.2 billion Turkish Lira and a 90-day maturity, was settled as planned on October 10, 2024. This move underscores Turkcell’s adherence to its financial commitments and reflects its robust financial management.

For further insights into TKC stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskTurkcell Reports Q3 2024 Results and Strategic Shifts
TipRanks Auto-Generated NewsdeskTurkcell Reports Strong Q3 2024 Financial Performance
TipRanks Auto-Generated NewsdeskTurkcell Plans Major Sukuk Issuances in Turkey
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