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Huzur Faktoring repays 63000000 lira financing bill
The company says it paid the final coupon and returned the full principal on its 364-day financing bill.
Key takeaways
- Huzur Faktoring paid a 6,920,524.80 lira fourth coupon on October 13.
- The company returned the full 63000000 lira principal to investors.
Huzur Faktoring paid the fourth coupon and repaid 63000000 lira in principal on its financing bill on October 13, the company said in a KAP disclosure. The coupon payment was 6,920,524.80 lira.
The 364-day bill was sold to qualified investors and carried four quarterly coupons. The company said both the final coupon and principal were distributed to holders.
The repayment settles this borrowing at maturity. It returns the borrowed principal to investors rather than providing new capital to the company.
Topics
HUZFA
Further reading
This article was produced with the help of AI technology. Source: Yahoo Finance
