EBRD backs electricity firm’s first Turkish Lira-denominated bond

The European Bank for Reconstruction and Development (EBRD) stated on Dec. 6 that it is supporting the debut bond issuance by Zorlu Osmangazi, a subsidiary of Zorlu Energy and part of the Turkish conglomerate Zorlu Holding, in a new 70 million-Turkish Lira (15 million euro) capital markets transaction.