The claim that Yavuz Sultan Selim Bridge is sold to the Chinese

It was claimed that the joint venture company of Astaldi SpA and IC Yatırım Holding A.Ş. had met with investors including Chinese companies for the sale of their shares in Yavuz Sultan Selim Bridge.

According to the report from Business HT from Bloomberg News, Astaldi SpA and IC Yatırım Holding A.Ş. are negotiating with investors, including Chinese companies, for the sale of their shares on Yavuz Sultan Selim Bridge.

According to four people close to the subject, Astaldi, which owns the 20 of the joint venture, plans to sell all of its shares. IC İçtaş, IC Yatırım's unit, will sell its shares of 80 in the ratio equivalent to Astaldi.

IC Investment Holding and Astaldi did not comment on the issue.

According to one source, Astaldi has already sold some of its shares to IC Ictas; 36 20 percent of the share had dropped. It was stated that the institutions authorized Morgan Stanley and Citigroup to mediate this process last year.

The two sources said the joint venture also met with the Industrial & Commercial Bank of China (ICBC) for an 2022-year $ 2,3 billion loan that will refinance the $ 8 billion loan with a maturity of 3,2. Other financial institutions besides Chinese creditors can participate in the loan package. An ICBC sözcüHe did not comment to Bloomberg on the subject.

The official name is IC İçtaş Astaldi 3. Bosphorus Bridge Investment and Management Inc. The joint venture 2012 had won the operating rights of the bridge.

Armin

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