Turkey’s Zorlu Enerji to Miss Coupon on $1.1 Billion Bond

Zorlu Enerji, the power producer and distributor owned by one of Turkey’s largest conglomerates, will miss a coupon payment due this week on its $1.1 billion bond, according to people...

By Kerim Karakaya and Constantine Courcoulas · Bloomberg Markets

Zorlu Enerji, the power producer and distributor owned by one of Turkey’s largest conglomerates, will miss a coupon payment due this week on its $1.1 billion bond, according to people familiar with the matter.