Turkish Airlines (THY) priced its previously announced private offering of one tranche of enhanced equipment trust certificates (EETC). The private offering is comprised of US$328,274,000 in face amount of Class A Certificates with an interest rate of 4.20% per annum and a final expected distribution date of 15 March 2027. The trust will use the proceeds from the offering to acquire equipment notes to be issued by Bosphorus 2015 LLC, a newly formed Delaware limited liability company, that will be secured by three new Boeing 777-300ER aircraft scheduled to be delivered in March 2015 and April 2015. The security interest
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