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Turkey to sell benchmark senior notes due 2024; talk in 6.65% area
Chicago, July 2 – The Republic of Turkey plans to price a benchmark-sized issue of senior notes (B1//BB) due Aug. 10, 2024, according to a market source.
Initial yield talk is in the 6.65% area.
The Securities and Exchange Commission-registered notes are expected to price on Tuesday.
BNP Paribas, Citigroup and HSBC (bill and deliver) are the bookrunners.
Settlement is expected for July 10.
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