FINANCE - Large firms to lead Turkish bond market:
"Turkey’s new international bond issuance for the rest of this year will be dominated by corporates with strong credit profiles.
After ports operator Mersin re-opened the market in early August following months of social unrest and global market instability, blue-chip issuers Coca Cola Icecek and Turk Telekom are the two big mandates in the country’s international deal pipeline, which is otherwise expected to be thin compared to the first half of the year.
Financial institutions are likely to be less active than usual, said market participants, although Akbank, Yapı Kredi and Ziraat Bank are known to have hired banks for potential deals."
'via Blog this'
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