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Chairman: Ahmet Çalik Debut bond: completed February 26 for $200 million Head subsidiaries for each sector: Gap Guneydogu Tekstil (textiles), Calik Enerji (energy), Gap Insaat (construction), CalikBank (finance), Gap Pazarlama (logistics) Recent acquisitions: HSV Kayseri Gaz, Banka Kombetare Tregtare (BKT)
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It’s a hectic time for Turkish conglomerate Çalik Holding. The company, which was created in 1997 to coordinate several operating businesses across five sectors, is entering a period of rapid growth. It is also a lead partner in the Samsun-Ceyan pipeline project and has an impressive stream of acquisitions lined up.
To help fund its strategy, Çalik recently issued its debut bond, which will be a benchmark for Turkish corporates.
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