New Issue: Turkey’s Yasar Holding sells $250 million 8 7/8% notes due 2020 at par

By Christine Van Dusen

Atlanta, Oct. 31 – Turkey’s Yasar Holding AS sold $250 million 8 7/8% notes due May 6, 2020 (B2) at par to yield 8 7/8% on Friday, a market source said.

Barclays and Citigroup were the bookrunners for the Rule 144A and Regulation S deal.

Yasar is a conglomerate based in Izmir that focuses on the food and beverage, paint, agriculture and tissue paper industries.

Issuer:	Yasar Holding AS
Amount:	$250 million
Maturity:	May 6, 2020
Description:	Notes
Bookrunners:	Barclays, Citigroup
Coupon:	8 7/8%
Price:	Par
Yield:	8 7/8%
Trade date:	Oct. 31
Settlement date:	Nov. 6
Rating:	Moody’s: B2
Distribution:	Rule 144A and Regulation S

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