10 Oct 2013 - Asset Sales Update

The necessary approvals have been received regarding the sale of Yuksel’s stake on Gebze-İzmir Motorway Project to the current shareholders. Total amount of USD 135mn is expected to be received in mid-November.

20MW Çobanlı Regulator and HEPP’s sales amount is USD 38mn. After repayment of USD 14mn outstanding Project Finance Loan and several deductions, total amount to be received in the first half of November is USD 20mn.


Last Updated On 10 October 2013

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