Şekerbank Pays 106th Coupon on TL300000000 Subordinated Bond
The bank says it paid 9509999.98 Turkish lira on a variable-rate bond, which is due to mature in December 2027.
Key takeaways
- Şekerbank completed the 106th coupon payment on its TL300000000 subordinated bond.
- The installment payment was 9509999.98 Turkish lira, with a 3.17% period rate.
Şekerbank paid 9509999.98 Turkish lira on October 12 as the 106th coupon for its subordinated bond, according to the company’s KAP disclosure. The payment covered a bond with TL300000000 in nominal value.
The bond was issued in 2017, pays interest in Turkish lira at a variable rate, and is due to mature on December 10, 2027. The company reported a 3.17% rate for this coupon period.
For shareholders, the payment is interest on the bank’s existing debt, not a dividend or a new share issue. The disclosure lists the next coupon date as November 11, 2026; it does not report that payment as completed.
This article was produced with the help of AI technology. Source: Yahoo Finance
