Mitsubishi Corporation

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MITSB

Turkish company's lira bond issuance oversubscribed

Çalık Enerji, a Çalık Holding-Mitsubishi Corporation partnership, said Feb. 6 it increased its bond issuance amount initially set at 100 million Turkish Liras to 150 million liras due to strong demand. 

The proceeds from the issuance, placed by ÜNLÜ & Co, will be used for the financing of the company's energy investments, the company said in a statement.