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Published on 1/22/2009 in the Prospect News Emerging Markets Daily.

Turkey plans 1.89 billion lira issue of three-year revenue-sharing certificates Jan. 28

By Aaron Hochman-Zimmerman

New York, Jan. 22 - Turkey plans to offer 1.89 billion lira three-year revenue-sharing certificates beginning on Jan. 26 and pricing on Jan. 28.

The certificates will be denominated in lira and dollars.

The lira-denominated notes will pay dividends from 15.68% to 17.52%, while the dollar certificates will pay from 6.14% to 6.46%.


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