Efes, Tupras at the double as Turkey’s corp market takes off

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Efes, Tupras at the double as Turkey’s corp market takes off

Turkish companies are rare in the bond market, with only three notes of this type having been placed since the start of 2010. But this week lightning struck twice, with brewer Anadolu Efes and oil company Tupras printing notes. And with conglomerate Calik waiting to bring its own deal, the market could be treated to yet more of this uncommon paper.

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