Gersan Elektrik signs 1.75 bln lira term sheet with Global Corporate Finance for share purchase

Gersan Elektrik has signed a 1.75 billion lira term sheet with Global Corporate Finance for a share purchase. The commitment could increase to 4.25 billion lira, with minimum fixed prices set at 35, 45, and 55 lira per share. It also includes a five-year option for 3.6 million shares at 70 lira per share, subject to final agreement terms.