Turkey Wealth Fund authorizes 3 banks

The Turkey Wealth Fund (TVF) has authorized banks for investor meetings regarding a 5-year dollar-denominated bond issuance.

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The Turkey Wealth Fund (TVF) has authorized BBVA, JP Morgan, and Standard Chartered to organize investor meetings for a 5-year dollar-denominated bond issuance.

According to a report by IFR, a service of LSEG, which cited banking sources, the meetings will begin today.

The Turkey Wealth Fund had previously decided to postpone its Eurobond issuance in 2020.

News Source: 12punto