Zorlu Enerji 800 Million Dollar Bond Issuance
Zorlu Enerji has taken a significant step towards issuing bonds worth 800 million dollars.
Approval from the Capital Markets Board for Zorlu Enerji’s Bond Issuance
Zorlu Enerji Elektrik Üretim A.Ş. (ZOREN) announced on October 22, 2024, that it received important approval from the Capital Markets Board (SPK).
Zorlu Enerji to Issue 800 Million Dollar Bonds
As stated in the special situation announcement dated October 17, 2024, the company applied for the issuance of bonds with a nominal value of 800 million USD, due in 5.5 years, to be sold to qualified investors abroad in “Rule 144A” and/or “Regulation S” format. The SPK approved Zorlu Enerji’s bond issuance application following its assessment on October 22, 2024.
The impact of Zorlu Enerji’s 800 million dollar bond issuance on the company’s financial strategies will be closely monitored.
Source
Arwen Volkov, A graduate of the University of St. Gallen in Switzerland with a degree in International Finance, Arwen specializes in sustainable finance and green investments. She began her career at an investment bank in London, where she developed financing models for environmentally friendly projects. Known for her analytical and strategic thinking skills, Arwen is a sought-after financial consultant. In her spare time, she mentors fintech startups, contributing to their growth strategies. She is also a nature enthusiast and an amateur photographer.
