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Datejust Rolex Mens

Datejust Rolex Mens

Datejust Rolex Mens

Information contained on this page is provided by an independent third party content provider. WorldNow and this Station make no warranties or representations in connection therewith.Turk Telekom US$ 1 Billion bond offering to refinance short term debt was about 8 times oversubscribed by international investors. On the final day of the roadshow, on the back of overwhelmingly positive investor appetite and taking advantage of the low interest rate environment, Turk Telekom launchedits debut transaction.The US$ 1 billion inaugural issuance is carried out across two tranches, of Omega Brown Leather Strap

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Datejust Rolex Mens

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US$ Datejust Rolex Mens 500 M each, with 5 and 10 year maturities. On the back of Turk Telekom strong credit metrics, both tranches were successfully priced at 30 bps spread to Turkish sovereign issues of similar tenors. The 5 year tranche is priced at 99.6% with a 3.750% coupon. The10 year tranche is priced at 99.165% with a 4.875% coupon.The final orderbook of over US$ 5.5 billion was composed of a very high quality group of over 400 accounts of high grade and emerging markets investors across 40 countries. The final amount of US$ 1 billion bond was distributed fully to international investors from US (48%), Europe (25%), UK (20%), Middle East and Asia (7%).This transaction enables Turk Telekom to refinance short term portions of its debt with lower cost and longer tenor from new sources,thus diversifying and extending its funding base with more favorable terms. Turk Telekom successful inaugural bond issue, which is an important indicator of international investors confidence in Turkey and Turkish companies, also sets a new benchmark for other Turkish Corporates.

and Turkish Corporates

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