Turkey’s Vestel Said to Start Work on Dollar Bond Restructuring

Turkey’s Vestel Elektronik is working with financial and legal advisers and is meeting bondholders to discuss a restructuring, while also renegotiating its loans with local banks.

By Edward Clark, Kerim Karakaya · Bloomberg Markets

Turkey’s Vestel Elektronik is working with financial and legal advisers and is meeting bondholders to discuss a restructuring, while also renegotiating its loans with local banks.