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Koc Holding grosses $743.5 million from debt offering

Koç Holding AS raised gross proceeds of $743.5 million from an offering of 5.25% senior unsubordinated unsecured notes due March 15, 2023.

The company plans to use the proceeds for general corporate purposes or working capital.

BNPP UK Holdings Ltd., Citigroup Global Markets Ltd., HSBC Bank PLC and J.P. Morgan Securities PLC were the lead underwriters.