Notice of Senior Notes Coupon Payment
Ankara, Turkey; 11 November 2013: Yüksel İnşaat A.Ş. (the “Company”) and its subsidiaries announced today that it has given the necessary instructions to transfer funds to Deutsche Bank Trust Company Americas for its semi-annual coupon payment due 12 November 2013 on its US$200 million 9.50% Senior Notes due 2015 (the “Senior Notes”). Holders of the Senior Notes should expect the receipt of funds over the next several business days in accordance with the terms of the Senior Notes indenture.
About Yüksel İnşaat A.Ş.
The Company is one of the leading construction companies in Turkey specialising in infrastructure and superstructure construction and undertaking projects of various complexities ranging in value from US$1 million to US$600 million in Turkey, the Middle East, North Africa, Central Asia and Eastern Europe, almost exclusively through contracts with governmental state-owned companies. The Company is the main component of Yüksel Holding Group, a prominent Turkish industrial and trade group principally engaged in construction, contracting, trade, tourism, land development and energy investment in Turkey and/or overseas. The Company’s core business is infrastructure construction, providing domestic and international general contracting services for projects predominantly in certain market segments including transportation, buildings, power, dams and industrial, pipelines, environmental, material supply and marine structures.
Forward-Looking Statements
Some of the statements in this document are forward-looking. Forward-looking statements include statements regarding the intent, belief and current expectations of the Company or its officers with respect to various matters. When used in this document, the words "expects," "believes," "anticipates," "plans," "may," "will," "should" and similar expressions, and the negatives thereof, are intended to identify forward-looking statements. Such statements are not promises or guarantees, and are subject to risks and uncertainties that could cause actual outcomes to differ materially from those suggested by any such statements. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this release. The forward-looking statements are based on numerous assumptions regarding the Company’s present and future business strategies and the environment in which the Company expects to operate in the future, which may not materialise.
Last Updated On 11 November 2013
Share this
Twitter
Facebook
Export PDF
Print
E-mail
