Turkey’s Kontrolmatik Defaults on 450 Million Liras Debt


(Bloomberg) — Turkey’s Kontrolmatik Enerji ve Muhendislik defaulted on two separate lira bonds that matured on Friday, according to a statement by Turkey’s Central Securities Depository, marking a rare corporate debt default in the country’s local bond market.



Source link

  • Related Posts

    White House Again Shrugs Off High Prices Amid War With Iran

    Prices jumped in May for the third straight month, leaving U.S. families and businesses to suffer the sting from the war with Iran. And for the third time, the White…

    Oil Crunch Is Stoking Asia’s Demand for Coal, Shipping CEO Says

    Capesize shipping operator Seanergy doesn’t have any vessels currently transporting oil or transiting the double-blockaded Strait of Hormuz, a waterway not directly along the main routes favored by the largest…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    UK minister defends changes to student loans as pressure grows for reforms | Student finance

    UK minister defends changes to student loans as pressure grows for reforms | Student finance

    Stefon Diggs return not in Patriots’ current plans, says Mike Vrabel

    Stefon Diggs return not in Patriots’ current plans, says Mike Vrabel

    Google won’t just admit it’s feeding YouTube creators to its music AI

    Google won’t just admit it’s feeding YouTube creators to its music AI

    Man allegedly gunned down parents, brother, brother’s girlfriend in domestic mass shooting: Police

    Man allegedly gunned down parents, brother, brother’s girlfriend in domestic mass shooting: Police

    White House Again Shrugs Off High Prices Amid War With Iran

    White House Again Shrugs Off High Prices Amid War With Iran

    Higher US CPI inflation adds pressure for hawkish Fed pivot