İNFO Yatırım raises $47M in short-term lira debt
What's the deal? Turkish brokerage İNFO Yatırım Menkul DeğerlerDealroom has a profile for this one. Try Dealroom → has completed a US$468.5M (≈$47 million) short-term debt issuance, selling a fixed-rate finansman bonosu to qualified investors. The bill carries a 179-day maturity and repays in a single coupon on March 19, 2027.
The terms: The instrument, sold on September 21, 2026, and traded on the stock exchange, offers annual simple interest of 42% and annual compound interest of 46.51%. Those figures reflect Turkey's high-yield lira funding environment.
What's the endgame? The sale sits within İNFO Yatırım's US$1.22B structured debt ceiling and gives the firm fresh short-term liquidity. İNFO Yatırım operates as an intermediary brokerage house, using domestic programs to raise lira funding.
Why it matters: The bill carries an investment-grade national rating of TR AA- long-term and TR A1 short-term, with a stable outlook from Turkrating. That credit profile supports the firm's continued access to domestic capital markets.
The signal: İNFO Yatırım's market capitalisation stands at US$696.7M, making the raise sizeable relative to the company. The steep coupon underscores how much Turkish issuers must pay to tap short-term lira funding.
Read more: tipranks.com
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