
Turkiye Varlik Fonu Finansal Yatirimlar A.S., founded in Turkey, serves as a significant investment vehicle designed to manage and enhance the value of Turkey's state-owned assets. The company focuses on strategic investments across various sectors, aiming to boost economic growth and attract foreign investments within the country.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
TURKWF 8.25% 2029-02-14 USDTurkiye Varlik Fonu Finansal Yatirimlar A.S. | Turkey | 2029-02-14 | 8.250 | 6.46 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The issuer made its debut in the bond market in 2019, aiming to raise funds for strategic projects and infrastructural development. Notably, their 2021 bond issuance of $1 billion received considerable attention due to its competitive yield, which surpassed similar offerings in the market. This issuance also featured a unique callable option, allowing the issuer flexibility to refinance under favorable conditions, thereby demonstrating its proactive approach in managing capital costs amidst prevailing economic uncertainties.