Turkcell Prices Eurobond Issuance
Ticker: TKC · Form: 6-K · Filed: Jan 17, 2025 · CIK: 1071321
Sentiment: neutral
Topics: debt-issuance, financing, eurobond
TL;DR
Turkcell priced its Eurobond offering on Jan 16, 2025, following a Jan 13 announcement.
AI Summary
Turkcell Iletisim Hizmetleri A.S. announced on January 16, 2025, the pricing of its Eurobond issuance. This follows a previous announcement on January 13, 2025, regarding the initiation of the book-building process for this debt offering.
Why It Matters
This Eurobond issuance is a key financing activity for Turkcell, impacting its capital structure and future investment capacity.
Risk Assessment
Risk Level: low — The filing is a routine announcement of debt issuance pricing, which is a standard financial activity.
Key Players & Entities
- Turkcell Iletisim Hizmetleri A.S. (company) — Registrant
- January 16, 2025 (date) — Pricing announcement date
- January 13, 2025 (date) — Previous announcement date
FAQ
What is the purpose of the Eurobond issuance?
The filing does not specify the exact purpose of the Eurobond issuance, but it is a debt offering by Turkcell.
When was the book-building process initiated?
The book-building process for the Eurobond issuance was initiated on January 13, 2025.
What is the filing type?
This is a Form 6-K report of Foreign Private Issuer.
What is the company's principal executive office location?
The principal executive offices are located in Maltepe, Istanbul, Türkiye.
Does Turkcell file annual reports under Form 20-F or 40-F?
Turkcell files annual reports under Form 20-F.
Filing Stats: 452 words · 2 min read · ~2 pages · Grade level 12 · Accepted 2025-01-17 07:32:55
Key Financial Figures
- $500 m — ventional bond has been determined as US$500 million, with a coupon rate of 7.45% and
Filing Documents
- tm253690d1_6k.htm (6-K) — 15KB
- tm253690d1_6kimg001.jpg (GRAPHIC) — 9KB
- 0001104659-25-004299.txt ( ) — 29KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, Turkcell Iletisim Hizmetleri A.S. has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. TURKCELL ILETISIM HIZMETLERI A.S. Date: January 17, 2025 By: /s/ Özlem Yardım Name : Özlem Yardım Title: Investor Relations Corporate Finance Director TURKCELL ILETISIM HIZMETLERI A.S. Date: January 17, 2025 By: /s/ Kamil Kalyon Name : Kamil Kalyon Title: Chief Financial Officer