Ekspo Faktoring A.Ş. issues 6-month discounted bonds for 20 million TL
Subsequant to its approval from the Turkish Security and Exchange Commission on 27.11.2017 for 50 million TL, Ekspo Faktoring launched its first tranche of bonds issuance for 20 million TL on 6 months discounted basis.
The overlly booked bonds was mostly purchased by Turkish fund. The bonds carry a maturity of 6 months. The funds will help to finance clients’ needs under newly developed Digital Finance Platform.
The second tranche of 30 million TL will be launched in January and will be for 360 days.