Turkey authorizes 3 int'l lenders to issue dollar bonds

Turkey authorizes 3 int'l lenders to issue dollar bonds

Goldman Sachs, HSBC, Morgan Stanley to issue dollar-denominated bond due 2031 thanks to new decision

By Tuba Sahin

ANKARA (AA) - The Turkish Treasury and Finance Ministry on Tuesday authorized three international institutions to issue a dollar-denominated bond.

The decision was taken as part of the Treasury's 2020 external borrowing program, the ministry said in a statement.

Thus, Goldman Sachs, HSBC, and Morgan Stanley will issue dollar-denominated bond due 2031.

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