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Turkey Project Notice - Ulker Sustainability-Linked Bond


Project Notice

PNR 63481
Project Name Ulker Sustainability-linked Bond
Project Detail Location: Türkiye Project number: 55253 Business sector: Agribusiness Notice type: Private Approval date: 12 Jun 2024 Status: Signed English-language PSD published: 02 Aug 2024 The Bank has invested USD 90 million in a USD 550 million Sustainability-Linked Eurobond issuance by Ulker Biskuvi Sanayi A.S., one of the leading snackings brands in Turkiye, with a diverse product portfolio which includes biscuits, cakes and chocolates amongst others. Project Objectives The proceeds will be applied towards refinancing of the existing Eurobond maturing in 2025 and for general corporate purposes.
Funded By European Bank for Reconstruction and Development (EBRD)
Sector Advertising & Media
Country Turkey , Asia
Project Value TRY 550,000,000

Contact Information

Company Name ULKER BISKUVI SANAYI AS
Web Site https://www.ebrd.com/work-with-us/projects/psd/55253.html

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