LONDON, Feb 16 (IFR) - The Republic of Turkey is reopening its March 2027 bond for an expected US$1bn, according to leads.
The bond is being marketed at an initial yield of 5.85% area.
BNP Paribas, JP Morgan and MUFG are the lead managers on the tap, which is today's business.
AdvertisementTurkey is rated Ba1 by Moody's and BBB- by Fitch.
(Reporting by Sudip Roy, Editing by Helene Durand) ((firstname.lastname@example.org; +44 20 7542 4617; Reuters Messaging: email@example.com))
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