Eker Süt's One-Year Bond Issue Sees Over Twofold Demand Through ÜNLÜ & Co.

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Eker Süt's One-Year Bond Issue Sees Over Twofold Demand Through ÜNLÜ & Co.

Foreks - The issuance of a private sector bond by Eker Süt Ürünleri with a nominal value of 300 million TL has received more than two times the demand through ÜNLÜ Menkul Değerler A.Ş. The demand collection process, which was completed on December 10 and executed with a maturity of 365 days through sales to qualified investors in the domestic market, marked Eker Süt Ürünleri's third and longest-term issuance in 2024. Tunç Yıldırım, Managing Director of Corporate Sales at ÜNLÜ & Co, expressed satisfaction, stating, "We are pleased that the bond issuance we conducted for Eker Süt Ürünleri has been completed with more than two times the demand due to the intense interest from institutional investors." Ant İpek, Senior Director of Corporate & Treasury Solutions at ÜNLÜ Menkul Değerler A.Ş., commented on the transaction, stating, "We believe that these issuances, which importantly connect buyers and sellers at an optimal maturity and amount, will enhance the depth of capital markets, and we expect this trend to continue, especially in the interest rate environment expected to decrease in 2025. With this successful issuance, we will continue our efforts to provide innovative and market-appropriate financial solutions to our clients."