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Report: Sekerbank postpones $300M bond sale meetings after coup attempt in Turkey

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Report: Sekerbank postpones $300M bond sale meetings after coup attempt in Turkey

SekerbankTAS delayed investor meetings in Asia, Europe and the Middle Eastover a proposed sale of a bond worth up to $300 million after a attempt by Turkish military officers against PresidentRecep Tayyip Erdogan, Bloomberg News reported.

The bank, which is partly owned by Turkey's employee pension fund, willreach out to investors to reschedule the meetings originally slated for July17, according to an emailed statement from "bankers with knowledge of thedeal."