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Turkcell Finalizes $500 Million Sustainable Bond Issuance

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Turkcell Finalizes $500 Million Sustainable Bond Issuance

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

On January 24, 2025, Turkcell Iletisim completed the issuance of a USD 500 million sustainable bond with a 7-year maturity and a fixed annual coupon rate of 7.65%, listed on the Irish Stock Exchange. This strategic financial move is expected to enhance Turkcell’s financial flexibility and strengthen its market positioning by tapping into sustainable finance, potentially impacting stakeholders positively by aligning with global sustainability trends.

More about Turkcell Iletisim

Turkcell Iletisim Hizmetleri A.S. operates in the telecommunications industry, primarily offering communication and technology services. It focuses on providing mobile and fixed-line services, internet services, and digital solutions, with a significant market presence in Turkey.

YTD Price Performance: 10.78%

Average Trading Volume: 400,101

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $6.49B

See more data about TKC stock on TipRanks’ Stock Analysis page.

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