Zorlu Enerji fixes 3.82 percent coupon: what it means for Zorlu Enerji stock

Published on 10/14/2026 at 07:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached TRY 6.65 billion, while net loss was TRY 2.75 billion. For Zorlu Enerji stock, results are due November 9, 2026.

Bond coupon and financial pressure

Zorlu Enerji fixed a 3.82 percent coupon on October 5, 2026.
Second-quarter revenue was TRY 6.65 billion and net loss was TRY 2.75 billion.
Zorlu Enerji stock was last at TRY 1.77 on October 13, 2026.

Zorlu Enerji, TRAZOREN91L8, Illustration mit AI erstellt.

Zorlu Enerji (ISIN TRAZOREN91L8) fixed a 3.82 percent coupon on October 5, 2026, for a TRY 117.32 million bond. The financing update adds to a balance sheet story shaped by weak earnings and elevated credit pressure.

Three financing events in 2026

On September 23, 2026, Moody's cut Zorlu Enerji's corporate family rating from B3 to Caa1 and kept the outlook negative, as Borsatek reported.

On September 28, 2026, Fitch revised the issuer default rating and senior secured debt rating from B+ to B-, placing both on Rating Watch Negative, according to Yeni Safak.

On October 5, 2026, the company set the seventh coupon rate on the TRY 117.32 million bond at 3.82 percent, with maturity on April 29, 2027, according to Yeni Safak.

What does the coupon mean?

The coupon rate gives investors a concrete financing term, but it does not offset the company's operating losses. Zorlu Enerji reported TRY 6.65 billion of revenue and a TRY 2.75 billion net loss in the second quarter of 2026, figures carried by Investing.com.

For investors, the comparison is stark: second-quarter revenue remained positive while the company posted a loss of TRY 2.75 billion. The same Investing.com page lists November 9, 2026, as the next earnings date, giving the market a defined checkpoint for the next financial update.

Last price stays near yearly low

Zorlu Enerji stock was last at TRY 1.77 on Borsa Istanbul on October 13, 2026. The finance snapshot places the 52-week range at TRY 1.76 to TRY 3.78 and market capitalization at TRY 8.9 billion on the same date. The price sits TRY 0.01 above the yearly low, while the rating actions and bond terms keep credit risk central to the investment case.

Market context: Market report BIST 100.