AK Yatırım Pays 500,000,000 Lira Bill at Maturity

AK Yatırım Menkul Değerler repaid 500,000,000 lira of principal and paid a 49,127,000 lira coupon on October 13, the company said in a KAP disclosure.

The payment completed the maturity of a 95-day financing bill, issued in Turkey and sold to qualified investors. Repayment means the company returned borrowed funds and paid interest to investors; it was not a dividend payment.

The bill was issued on July 10 with a fixed annual simple interest rate of 37.75%. The disclosure says both the coupon and principal payments were completed on the due date.