Yildiz signs $5.5 billion debt refinance deal, CFO says

Dünya Executive - - OVERVIEW -

Y ld z Hold ng, the Turk sh food g ant and owner of God va chocolate has s gned a deal w th ts banks to ref nance $5.5 b ll on n debt, ts ch ef f nanc al off cer sa d on May 9. Mustafa Tercan told broadcaste­r Bloomberg HT that Y ld z had agreed to an e ght-year loan and offered some of ts assets

as collateral. He decl ned to say wh ch assets. Sources sa d last month that Y ld z was n talks to restructur­e $6.5 b ll on of ts $8.5 b ll on n debt.

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