Huzur Faktoring sets final bond coupon at 10.98496%
The company set the fourth coupon rate on a 63,000,000 lira bond, with interest and principal payments scheduled for October 13.
Key takeaways
- The bond’s fourth periodic coupon rate is 10.98496%.
- Coupon interest and 63,000,000 lira in principal are scheduled for payment on October 13.
Huzur Faktoring set the fourth coupon rate on its 63,000,000 lira financing bond at 10.98496% for the period, according to a KAP disclosure by the company. The coupon and the 63,000,000 lira principal repayment are scheduled for October 13, 2026.
The bond has a variable rate linked to TLREF, with an additional return of 4%, and matures on the payment date. The coupon is interest owed to bondholders on the company’s borrowing, not a dividend to shareholders.
Huzur Faktoring said the coupon payment will be made to eligible holders on October 13 and that it will report on KAP once payment is completed.
This article was produced with the help of AI technology. Source: Yahoo Finance
