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Turkey’s Turkcell buys back $2 million of 5¾% bonds due 2025 at 95.95
By Marisa Wong
Morgantown, W.Va., Nov. 15 – Turkcell Iletisim Hizmetleri AS repurchased a total of $2 million of its 5¾% eurobonds due 2025 on Nov. 14, according to a 6-K filing with the Securities and Exchange Commission.
The bonds were purchased at an average price of $95.95 each, for a total of $1,928,903.
The company said its board of directors authorized the repurchase of its eurobonds in July.
Turkcell is a mobile phone company based in Istanbul.
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