ÜNLÜ & Co successfully placed USD 91 million in Doğtaş Kelebek shares

ÜNLÜ & Co, the leading investment banking services and asset management group of Turkey, has successfully completed the placement of USD 91 million in Doğtaş Kelebek shares.

ÜNLÜ & Co, sole book runner of the placement, announced that the shares were placed to over 50 international and local qualified institutional investors. Shares were sold at a 8.87% discount to October’s 17th with closing price of TL 4.17.

ÜNLÜ & Co Chairman Mahmut L. Ünlü said: “The oversubscribed placement demonstrates the high level of trust and interest from investors in Turkish capital markets.”

ÜNLÜ & Co Equity Capital Markets Managing Director Kağan Çevik said: “We are very happy to have completed a placement with very strong investors.”

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