Emlak shrugs off rocky markets to build international book

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Emlak shrugs off rocky markets to build international book

Bookrunners TSKB and UniCredit priced the Tl1.06bn ($718m) Istanbul IPO of Emlak Konut towards the bottom of the range and allocated a larger portion of the deal to international institutions than had been initially planned, giving the deal the best possible chance of performing when trading begins.

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