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Petkim pays next interest on Eurobonds
Finance
- 26 July, 2019
- 12:24
Petkim Holding, in which the main share is owned by SOCAR, paid the third interest on Eurobonds in the amount of $500 million placed on the Irish Stock Exchange, Report informs referring to the Public Disclosure Platform of Turkey.
Petkim totally transferred $14,687,500 on the accounts of the Eurobonds owners.
On January 26, 2018, Petkim (Petrokimya) Holding placed the first issue of Eurobonds in the amount of $500 million on the Irish Stock Exchange. The annual yield of bonds with a maturity of 5 years will be 5.875%.
SOCAR holds 51% stake in Petkim in 2008. The remaining shares of the holding are in circulation on the Istanbul Stock Exchange.
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