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Published on 7/21/2006 in the Prospect News Emerging Markets Daily.

Turkey's Yasar Holdings sets talk for €150 million to €200 million five-year notes at 9%

By Reshmi Basu

New York, July 21 - Izmir, Turkey-based conglomerate Yasar Holdings A/S set indicative price talk for a €150 million to €200 million offering of five-year loan participation notes at 9%, according to a market source.

Yasar has interests in food and beverages, paint, tissue papers and tourism.

Yasar's special purpose vehicle, Troy Capital SA, will issue the notes while its subsidiaries will guarantee the notes.

Pricing is expected at the end of the July 24 week.


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