Published: November 15, 2013
Turkish telco will issue paper with a maximum maturity of 10 years to raise up to US$1bn.
Turk Telekom is hoping to raise up to US$1bn on its first trip to the international debt markets.
The Turkish telco has applied to the country’s Capital Markets Board ahead of a possible issuance run by Barclays Bank, BNP Paribas, Emirates NBD Capital, JP Morgan and Standard Chartered Bank.
The bond will have a maximum maturity of 10 years and could be denominated in lira or another currency. No date for the issuance has been set.