Salih Tuncer Mutlucan
Turkish company's lira bond issuance oversubscribed
Çalık Enerji, a Çalık Holding-Mitsubishi Corporation partnership, said Feb. 6 it increased its bond issuance amount initially set at 100 million Turkish Liras to 150 million liras due to strong demand.
The proceeds from the issuance, placed by ÜNLÜ & Co, will be used for the financing of the company's energy investments, the company said in a statement.