Business · Companies · 8 hrs ago
Balsu Gıda completes 353 million lira certificate payment
Balsu Gıda completed payments on a lease certificate that reached maturity on 14 October.
The certificate was issued by ZKB Varlık Kiralama, with Balsu Gıda as the fund user and source company.
Investors received 310 million lira in principal and 43 million lira in returns, bringing the total payment to about 353 million lira.
The certificate had an annual simple return rate of 48.25% and an annual compound rate of 57.11727%.
BG Holding, Balsu Gıda’s main shareholder, bought 1,742,221 shares on Borsa Istanbul on 14 October.
After the purchase, BG Holding held 43.9974% of the company directly and 67.4295% of its voting rights.
Balsu Gıda completed payments totalling 353,028,433.98 Turkish lira for a lease certificate that matured on 14 October 2026.
The payment comprised 310 million lira in principal and 43,028,433.98 lira in returns.
ZKB Varlık Kiralama issued the certificate, with Balsu Gıda as fund user and originator.
The certificate had a simple annual return rate of 48.25% and a compound annual return rate of 57.11727%.
- Who
- Balsu Gıda Sanayi ve Ticaret A.Ş. was the fund user and originator; ZKB Varlık Kiralama A.Ş. issued the certificate.
- What
- Payments of principal and returns for a lease certificate were completed, totalling 353,028,433.98 lira.
- When
- The certificate matured and was paid on 14 October 2026.
- Where
- Not stated.
- Why
- The certificate reached its maturity date.
This story does not have two clearly opposing sides.
The certificate's term began.
The certificate matured, and investors received 43,028,433.98 lira in returns and 310 million lira in principal.
Balsu Gıda disclosed the payment information on Turkey's Public Disclosure Platform, according to the article published the next day.
- Total payment
- 353,028,433.98 lira
- Principal
- 310 million lira
- Returns
- 43,028,433.98 lira
- Maturity date
- 14 October 2026
- Issuer
- ZKB Varlık Kiralama A.Ş.