Mitsubishi Corporation
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.
Mitsubishi Corp invests in Turkey's Çal?k to win the region's energy business
Mitsubishi Corp., Japan?s largest trading house, said it will buy shares in and exchange personnel with a unit of Turkish conglomerate Çal?k Holding, as it seeks to win more energy and infrastructure orders in Central Asia and the Middle East.