Brief: Odas Elektrik Closed Forward Transaction Of 75 Mln Euros To Hedge Euro Exposure
Sept 24 (Reuters) - ODAS ELEKTRIK ODAS.IS :
* SAID ON THURSDAY CURRENTLY ITS GROUP HAS EXPOSURE OF 132.3
MILLION EUROS IN ITS BALANCE SHEET
* HAS HEDGED RISKS WITH FORWARD TRANSACTION OF 75 MILLION
EUROS ON
SEPTEMBER 17 BEFORE POLICY RATE DECISIONS OF FED AND TURKEY'S
CENTRAL BANK AND CLOSED THE TRANSACTION ON THURSDAY
Source text for Eikon: urn:newsml:reuters.com:*:nIKA2N1k7y
Further company coverage: ODAS.IS
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
Recent news on Odas Elektrik Uretim Sanayi Ticaret
See all newsBrief: Odas Elektrik Q2 Loss Widens To 998.5 Mln Lira YoY
Brief: Odas Elektrik Q1 Loss Widens To 677.3 Mln Lira YoY
Brief: Odas Elektrik Says Unit Suda Maden Signs Memorandum With Uztmk For Metal Exploration And Joint Facility Investments
Brief: Odas Elektrik FY Net Result Turns To Profit Of 467.1 Mln Lira YoY
Brief: Odas Elektrik Q3 Net Result Turns To Profit Of 659.5 Mln Lira YoY