Brief: SASA Polyester Says, Erdemoglu Holding Announces Sale OF 1.45 Bln SASA Shares
01/10/2025 06:24
Oct 1 (Reuters) - SASA Polyester Sanayi SASA.IS: SAID ON TUESDAY, ERDEMOGLU HOLDING ANNOUNCES SALE OF 1.45 BLN ORDINARY SHARES IN SASA SHARES REPRESENT ABOUT 3.3% OF THE ISSUED SHARE CAPITAL OF SASA SALE WILL BE MADE BY WAY OF A PLACEMENT TO QUALIFIED INSTITUTIONAL INVESTORS RESIDING IN AND OUTSIDE OF TURKEY FINAL TERMS INCLUDING THE PRICE PER SHARE ARE TO BE DETERMINED THROUGH THE ACCELERATED BOOKBUILDING PROCESS HSBC BANK IS APPOINTED AS SOLE GLOBAL COORDINATOR AND BOOKRUNNER HSBC WILL APPLY TO BORSA ISTANBUL ON WEDNESDAY TO FACILITATE THE SETTLEMENT OF THE TRANSACTION AS A WHOLESALE TRANSACTION Source text for Workspace: nIKA1PBF4q Further company coverage: SASA.IS (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
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