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Turkey Hires Banks for First Bonds in Euros Since 2010

Image Turkey hired Barclays Plc (BARC), Credit Suisse Group AG (CSGN) and Deutsche Bank AG to arrange the sale of the first sovereign euro-denominated bond in more than three years. The planned securities will mature in 2021, the Ankara-based Treasury said in a statement. The benchmark-size bonds will be priced in the area of 4.625 percent, said one person familiar with the plans, who asked not to be identified because the details are private. The country last sold euro-denominated debt in April 2010, when it raised 2 billion euros ($2.7 billion) in 10-year securities.
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Herrick Opens D.C., Istanbul Offices

Image Government relations and law firm Herrick is opening new offices in Washington, D.C., and Istanbul. The Washington, D.C., office will include former members of Congress, Reps. Michael McMahon and Elizabeth Holtzman. Herrick has a long history of representing the Turkish government and many Turkish companies, the firm noted about their expansion into Istanbul. That office will be headed up by Barbaros M. Karaahmet, a Turkish-American attorney. The two new offices "represent a major expansion of our national and international capabilities, and a strengthening of our commitment to serve our clients' legal and government relations needs in these two dynamic markets," the firm said in a statement announcing the expansion.
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Maxim Integrated Products CEO Unloads 2,000 Shares of Stock (MXIM)

Image Maxim Integrated Products (NASDAQ:MXIM) CEO Tunc Doluca unloaded 2,000 shares of the stock on the open market in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $29.41, for a total transaction of $58,820.00. Following the completion of the transaction, the chief executive officer now directly owns 8,393 shares in the company, valued at approximately $246,838. The sale was disclosed in a legal filing with the SEC, which is available at this link.
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The American Turkish Society Celebrates U.S.-Turkey Ties at NYSE on November 7th

Image New York, NY – The American Turkish Society will commemorate the financial and commercial ties between United States and Turkey at a festive benefit gala on the trading floor of the New York Stock Exchange on the evening of November 7th. U.S. Commerce Secretary Penny Pritzker and Turkish Finance Minister Mehmet Şimşek will attend as guests of honor and deliver remarks to an audience of 300 guests including top-level executives from both countries. Süreyya Ciliv, CEO of Turkcell (TKC), the leading communications and technology company in Turkey, will participate with remarks.
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