Published: May 7, 2013
Turkish bank aims to make sixth issuance under TRY1.4bn programme.
Turkey’s Turk Ekonomi Bankası (TEB) plans to raise TRY150mn (US$83mn) through a bond issuance.
The bank, part-owned by BNP Paribas, will issue the paper under its existing TRY1.4bn bond programme. It has so far raised some TRY693.4mn from the programme across five issuances.