Launch Partners

Launch Partners

Garanti BBVA Leasing sells lease certificate

TURKIYE: Garanti BBVA Leasing, or Garanti Finansal Kiralama, has raised TRY200 million (US$6.35 million) through the sale of a lease certificate completed by Emlak Varlik Kiralama.

The Islamic paper, which was sold on the 1st March 2024, carries a tenor of three years and a return rate of 43%, according to a bourse disclosure.

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