Tam Finans sets fourth coupon rate for 443,200,000 lira bond
The company set the bond’s fourth quarterly coupon at 10.9809%, with payment scheduled for October 14, alongside its maturity payment.
Key takeaways
- The fourth coupon rate was set at 10.9809% for the bond.
- Coupon and maturity payments are scheduled for October 14, 2026.
Tam Finans Faktoring set the fourth coupon rate on its TRFTAMFE2613 financing bill at 10.9809%, according to a KAP disclosure. The payment is scheduled for October 14, 2026.
The 364-day bond was issued for a nominal 443,200,000 lira and pays variable interest every three months. The company said its rate is based on TLREF plus 350 basis points.
The disclosed rate is also 43.5657% on an annual simple basis and 51.1882% on an annual compound basis. The filing’s schedule lists the bond’s maturity payment for October 14 as well; it does not state the amount of the fourth coupon payment.
This article was produced with the help of AI technology. Source: Yahoo Finance
