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TSKB of Turkey to Sell 200 Million Liras of Bonds, Hires JPMorgan For Sale
Turkiye Sinai Kalkinma Bankasi AS said it hired JPMorgan Chase & Co. to sell 200 million liras ($132 million) of bonds of a maturity of between three months and one year.
TSKB, as the bank is known, plans to sell the debt abroad within a year after getting approval from the market regulator, the company said in a filing with the Istanbul Stock Exchange today.
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