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BackWorld Asset Management defaulted on coupon payment
World Asset Management defaulted on coupon payment
NEWS
Bloomberg HT17 minutes agoBusiness1 min readTürkiyeView original

World Asset Management defaulted on coupon payment

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Joining the companies that defaulted on their payments, Dünya Varlık Yönetimi AŞ could not make the third coupon payment of 10.9 million TL of the bond worth 100 million TL.

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Why It Matters

The company had previously made coupon payments in May and August.

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Dünya Varlık Yönetimi AŞ is among the companies that defaulted on their payments. also participated.

According to the statement made by the company to the Public Disclosure Platform (KAP), the third coupon payment of 10.9 million TL of the 100 million TL bond issued on February 11, 2026, which fell on November 11, could not be made.

The company made a coupon payment of 11.5 million TL in May and 11.7 million TL in August.

Open Questions

  • Will the company undertake debt restructuring?
  • Will additional resources be found for other payments?

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This article was originally published by Bloomberg HT.

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