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No stabilization action reported for Turkey’s $3 billion 7¼% bonds
By Mary-Katherine Stinson
Lexington, Ky., March 24 – No stabilization action was undertaken in regard to the Republic of Turkey’s $3 billion 7¼% security due Feb. 24, 2027 issued by Hazine Müsteşarlığı Varlık Kiralama, according to a post-stabilization notice filed with the London Stock Exchange.
The notes were priced at par.
The stabilizing manager was HSBC Bank plc (+44 20 7992 8066).
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