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Turkiye Finans Floats Sukuk

Turkiye Finans Participation Bank has floated a 105-day domestic Sukuk paper worth TRY150 million (US$26.61 million). The issuance was floated via the bank’s subsidiary, TF Varlik Kiralama Sirketi, and was structured for qualified investors. The offering brings the total amount of outstanding local currency Sukuk issuances of the bank to TRY2.33 billion (US$413.4 million).

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