Global Yatirim Holding Launches a New Bond Issue
18 February 2013
Following the successfull completion of TL 75,000,000 nominal bond issue in January 2013, Global Yatirim Holding (“GYH”) is launching another TL bond issue with the same amount as the previous one, but this time with a longer maturity (3 years). This issue will also be led by Ak Yatırım.
Commenting on the transaction, Mr. Kerem Eser, The CFO of Global Investment Holdings, reminded that merely a fraction of the demand could have been covered on the previous issue because of strong demand and oversubscription, and he further underlined that the corporate bonds will continue to be an important debt instrument for the companies with sound corporate governance scheme and having strong financial structure just like Global Yatirim Holding, in a climate of low interest rate and low inflation. Mr. Eser further noted that with the new issue, the yield curve will be extended to 3 years in line with the Company’s investment strategy, such yield curve being targeted with no further increase in spreads.
www.globalyatirim.com.tr
For Further Information
investor@global.com.tr
About GIH:
Global Yatırım Holding A.Ş. (Global Investment Holdings) was regrouped as a holding company on October 2004 (www.globalyatirim.com.tr) to hold a diversified portfolio of investments in a number of businesses, including infrastructure, real estate, energy, and financial services. Global Investment Holdings is listed on the Istanbul Stock Exchange (as “GLYHO.IS”) and utilizes its experience in the finance sector, for industrial business opportunities.