Turkcell (TKC) repays 99-day bond with 41.5% annual rate
Rhea-AI Filing Summary
Turkcell İletişim Hizmetleri A.Ş. (TKC) redeemed its financing bond with ISIN code TRFTCELK2516, paying back a nominal principal of TRY 1,500,000,000 and the related interest on November 20, 2025. The bond had a 99-day maturity, a fixed annual simple interest rate of 41.50% and a single coupon payment structure.
The redemption plan shows a coupon payment amount of TRY 168,842,400.00 alongside full principal repayment on the maturity date. The bond was sold via private placement to qualified investors in Türkiye and carried a long-term national rating of AAA (Trk) from JCR Avrasya Derecelendirme A.Ş., which was classified as investment grade.
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FAQ
What did Turkcell (TKC) announce in this Form 6-K?
Turkcell announced that it fully redeemed its financing bond with ISIN TRFTCELK2516, repaying the TRY 1,500,000,000 principal and related interest on November 20, 2025.
What were the main terms of Turkcell's TRFTCELK2516 bond?
The bond had a nominal amount of TRY 1,500,000,000, a 99-day maturity, a fixed annual simple interest rate of 41.50%, a single coupon, and was issued in TRY via private placement to qualified investors in Türkiye.
How much interest did Turkcell pay on the redeemed bond?
The redemption plan reports a coupon payment amount of TRY 168,842,400.00 for the single coupon due on November 20, 2025, in addition to full principal repayment.
When did the TRFTCELK2516 bond issuance and maturity period run?
The bond sale took place on August 12, 2025, the maturity starting date was August 13, 2025, and the maturity date was November 20, 2025, reflecting a 99-day term.
What credit rating did Turkcell’s redeemed bond have?
The issuer had a long-term national rating of AAA (Trk) from JCR Avrasya Derecelendirme A.Ş. as of May 29, 2025, and this rating was identified as investment grade.
How was the Turkcell TRFTCELK2516 bond structured and traded?
The instrument was a bill categorized as debt securities, issued at an issue price of 1, with fixed interest, traded on the stock exchange, settled in TRY, and cleared through Merkezi Kayıt Kuruluşu A.Ş..