AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

BRİSA BRİDGESTONE SABANCI LASTİK SANAYİ VE TİCARET A.Ş.

Capital/Financing Update Jun 10, 2025

8682_rns_2025-06-10_16042565-7117-4d83-a2a1-0ca9c7e3f0df.html

Capital/Financing Update

Open in Viewer

Opens in native device viewer

Summary Info Approval of the Capital Markets Board of Türkiye for the Issuance of Lease Certificate
Update Notification Flag Yes
Correction Notification Flag No
Postponed Notification Flag No
Related Companies KATVK
Authorized Member Decision Date 13.03.2025
Issue Limit 5.000.000.000
Currency Unit TRY
Issue Limit Security Type Lease Certificates
Sale Type Private Placement-Sale To Qualified Investor
Domestic / Oversea Domestic
Capital Market Board Application Date 28.03.2025
Capital Market Board Application Result APPROVAL
Capital Market Board Approval Date 30.05.2025
Expiry Date of Issue Limit 30.05.2026
Fund User Brisa Bridgestone Sabancı Lastik Sanayi ve Ticaret A.Ş

Additional Explanations

According to the resolution of our Company's Board of Directors dated March 13, 2025 and numbered 2025/12; as per the Communiqué on Lease Certificates (III-61.1) (the " Communiqué") published by the Capital Markets Board (the "CMB") in the Official Gazette dated 07.06.2013 and numbered 28670 it has been resolved that, our Company (Brisa Bridgestone Sabancı Lastik Sanayi ve Ticaret A.Ş) shall be involved in the capacity of a fund user and/or an originator in the issuance of lease certificates domestically in TRY, where Katılım Varlık Kiralama A.Ş. (Katılım VKŞ) will take place as the issuer, to be sold in tenors with limitation to the issuance ceiling of TRY 5,000,000,000 (FiveBillionTurkish Liras) (this amount included) by means of sales without public offering through private placement and/or sales to qualified investors at various maturities and under various terms and conditions in the type of management agreement-based lease certificates provided for in the Communiqué within the framework of articles 4 and 6 of the Communiqué, necessary agreements regarding the issuance shall be signed, services shall be received from Vakıf Katılım Bankası A.Ş. as the financial consultant and authorised investment company in the contemplated issuance of lease certificates, necessary applications shall be filed to the Capital Markets Board and other relevant bodies, and all kinds of acts and actions that are directly and/or indirectly related to the issuance of lease certificates shall be performed, all kinds of amendments shall be made, and any two of our Company's first group of authorised signatories shall be jointly authorised in this respect. Within this context, our application to the Capital Markets Board of Türkiye, which was made on March 28, 2025, was approved at the Board's meeting dated May 30, 2025 and numbered 33/1000. (In case of a discrepancy between the Turkish and the English versions of this disclosure, the Turkish version shall prevail.)

Talk to a Data Expert

Have a question? We'll get back to you promptly.