Turkey authorizes 3 int'l lenders to issue dollar bonds

Goldman Sachs, HSBC, Morgan Stanley to issue dollar-denominated bond due 2031 thanks to new decision

News Service

14:57 - 24/11/2020 Tuesday

Update: 15:00 - 24/11/2020 Tuesday

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The Turkish Treasury and Finance Ministry on Tuesday authorized three international institutions to issue a dollar-denominated bond.

The decision was taken as part of the Treasury's 2020 external borrowing program, the ministry said in a statement.

Thus, Goldman Sachs, HSBC, and Morgan Stanley will issue dollar-denominated bond due 2031.

#dollar-denominated bond

#external borrowing

#Treasury and Finance Ministry

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