Turkish petrochemical complex Petkim plans to place Eurobonds in the amount of $ 500 million on the Irish Stock Exchange. To this end, since January 15 of this year, the management of the holding will participate in a series of meetings of investors in the UK and the US, organized by authorized banks.
Goldman Sachs International and JP Morgan have been empowered as under-raters for the emission process. The bonds will be in circulation until December 22, 2018.
The Turkish Capital Markets Board gave a positive response to the appeal for Petkim’s Eurobond emission, most of which belongs to SOCAR.