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Initial Price Talk: $Benchmark 6Y 9.75% Area

TURKEY

Bloomberg have reported details of latest new dollar bond issue:

  • $Benchmark 6Y Fixed (March 14, 2029) 9.75% Area - May price today
  • Issuer: Turkey Government International Bond (TURKEY)
  • Exp. Ratings: B3/B
  • Format: SEC registered, global, senior unsecured
  • Settlement: March 14, 2023
  • Denoms: 200k x 1k
  • Bookrunners: DB (B&D), HSBC, JPM
  • Target Market: Eligible counterparties and professional clients
  • Information from person familiar with the matter, who asked not to be identified because they're not authorized to speak about it (BBG)

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