Istanbul Metropolitan Municipality issued a second Eurobond for Finance of 2 metro line projects

IMM issued of U.S.$305,000,000 with maturity of 5 years from international capital markets. The transaction will be used to finance of Dudullu Bostancı Metro Line and Kabataş Mecidiyeköy Mahmutbey metro line.

To achieve this bond issue, the Finance team, worked hard in a limited time. Thanks to Mr. Cemal Ufuk KARAKAYA, IMM Deputy Secretary General, on behalf of the IMM, The Director of Finance Dr. Rezzan Neslihan VURAL, Counselor to the Deputy Secretary General Attn. Hande KAYACIK, Deputy Director of Finance Deniz DEMİRBAŞ, Project Coordinator Serra MANDACI and Financial Analyst Sesil ATEŞ.