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Published on 11/4/2010 in the Prospect News Emerging Markets Daily.

Turkey's Yuksel Insaat talks dollar five-year notes at 10% area yield

By Christine Van Dusen

Atlanta, Nov. 4 - Turkey's Yuksel Insaat AS set price talk for its planned dollar-denominated offering of five-year notes (expected ratings: B1/B) at a yield in the 10% area, a market source said.

BNP Paribas and Standard Chartered Bank are the bookrunners for the Regulation S notes, which are non-callable for three years.

Yuksel Insaat is a construction company based in Ankara, Turkey.


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