Capital/Financing Update • Jan 13, 2025
Capital/Financing Update
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| Summary Info | Announcement Regarding Investor Roadshow Plan for Debt Instrument |
| Update Notification Flag | Yes |
| Correction Notification Flag | No |
| Postponed Notification Flag | No |
| Authorized Member Decision Date | 19.09.2024 |
| Issue Limit | 1.000.000.000 |
| Currency Unit | USD |
| Issue Limit Security Type | Debt Securities |
| Sale Type | Oversea |
| Domestic / Oversea | Oversea |
| Capital Market Board Application Date | 31.10.2024 |
| Capital Market Board Application Result | APPROVAL |
| Capital Market Board Approval Date | 28.11.2024 |
| Expiry Date of Issue Limit | 28.11.2025 |
Additional Explanations
Our Company plans to issue debt instruments, including sustainable and conventional bonds, under the U.S. legislation "Rule 144A" and non-U.S. legislation "Regulation S" formats, to be sold to qualified investors outside Türkiye. In this context, investor meetings are scheduled to be held in the United Kingdom and the United States of America commencing on January 13, 2025, organized by the authorized banks and with the participation of our Company's executives. The final decision regarding the issuance of bonds, including the issue amount and terms, will be determined based on market developments following the meetings. The debt instruments are planned to be listed on the Irish Stock Exchange (Euronext Dublin) and traded on its Global Exchange Market (GEM). The debt instruments are expected to be assigned a 'BB' credit rating from S&P Global and a 'BB-' credit rating from Fitch Ratings.
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