Capital/Financing Update • May 2, 2024
Capital/Financing Update
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| Summary Info | Announcement of the Interest Rate for the Twelfth Coupon Payment of the Corporate Bond with the ISIN Code of TRSZORN62418 |
| Update Notification Flag | Yes |
| Correction Notification Flag | No |
| Postponed Notification Flag | No |
| Subject of Notification | Coupon Rate Determination |
| Board Decision Date | 06.10.2022 |
Related Issue Limit Info
| Currency Unit | TRY |
| Limit | 1.400.000.000 |
| Issue Limit Security Type | Debt Securities |
| Sale Type | Sale To Qualified Investor |
| Domestic / Oversea | Domestic |
| Capital Market Board Approval Date | 11.11.2022 |
Capital Market Instrument To Be Issued Info
| Type | Bond |
| Maturity Date | 13.06.2024 |
| Maturity (Day) | 392 |
| Sale Type | Sale To Qualified Investor |
| Intended Nominal Amount | 33.250.000 |
| Intended Maximum Nominal Amount | 33.250.000 |
| The country where the issue takes place | Türkiye |
| Title Of Intermediary Brokerage House | AK YATIRIM MENKUL DEĞERLER A.Ş. |
| Central Securities Depository | Merkezi Kayıt Kuruluşu A.Ş. |
| Nominal Value of Capital Market Instrument Sold | 33.250.000 |
| Maturity Starting Date | 18.05.2023 |
| Issue Price | 1 |
| Interest Rate Type | Floating Rate |
| Floating Rate Reference | TLREF |
| Additional Return (%) | 10,00 |
| Traded in the Stock Exchange | Yes |
| Payment Type | TL Payment |
| ISIN Code | TRSZORN62418 |
| Coupon Number | 12 |
| Currency Unit | TRY |
| Coupon Payment Frequency | Monthly |
Redemption Plan of Capital Market Instrument Sold
| Coupon Number | Payment Date | Record Date | Payment Date | Interest Rate - Periodic (%) | Interest Rate - Yearly Simple (%) | Interest Rate - Yearly Compound (%) | Payment Amount | Exchange Rate | Was The Payment Made? |
| 1 | 21.06.2023 | 20.06.2023 | 21.06.2023 | 4,4713 | 48,0007 | 59,9331 | 1.486.707,25 | Yes | |
| 2 | 21.07.2023 | 20.07.2023 | 21.07.2023 | 3,9453 | 48,0012 | 60,125 | 1.311.812,25 | Yes | |
| 3 | 23.08.2023 | 22.08.2023 | 23.08.2023 | 4,3398 | 48,0008 | 59,9809 | 1.442.983,5 | Yes | |
| 4 | 22.09.2023 | 21.09.2023 | 22.09.2023 | 3,9453 | 48,0012 | 60,125 | 1.311.812,25 | Yes | |
| 5 | 25.10.2023 | 24.10.2023 | 25.10.2023 | 4,3398 | 48,0008 | 59,9809 | 1.442.983,5 | Yes | |
| 6 | 24.11.2023 | 23.11.2023 | 24.11.2023 | 3,9453 | 48,0012 | 60,125 | 1.311.812,25 | Yes | |
| 7 | 27.12.2023 | 26.12.2023 | 27.12.2023 | 4,3398 | 48,0008 | 59,9809 | 1.442.983,5 | Yes | |
| 8 | 01.02.2024 | 31.01.2024 | 01.02.2024 | 5,0547 | 51,249 | 64,8653 | 1.680.687,75 | Yes | |
| 9 | 01.03.2024 | 29.02.2024 | 01.03.2024 | 4,2498 | 53,4889 | 68,849 | 1.413.058,5 | Yes | |
| 10 | 03.04.2024 | 02.04.2024 | 03.04.2024 | 5,1042 | 56,4555 | 73,4327 | 1.697.146,5 | Yes | |
| 11 | 03.05.2024 | 02.05.2024 | 03.05.2024 | 4,9076 | 59,7091 | 79,123 | |||
| 12 | 13.06.2024 | 12.06.2024 | 13.06.2024 | 7,0878 | 63,0987 | 83,9749 | |||
| Principal/Maturity Date Payment Amount | 13.06.2024 | 12.06.2024 | 13.06.2024 |
Rating
| Does the issuer have a rating note? | Yes |
Issuer Rating Note
| Rating Company | Rating Note | Rating Date | Is it Investment Grade? |
| JCR AVRASYA DERECELENDİRME A.Ş. | A- (tr) - Uzun Vadeli Ulusal Not | 31.07.2023 | Yes |
| Does the capital market instrument have a rating note? | No |
| Does the originator have a rating note? | No |
Additional Explanations
The interest rate for the twelfth coupon payment of the TL 33,250,000 nominally valued corporate bond, which was sold to qualified investors on May 18, 2023 with a maturity of 392 days and trades with the ISIN Code of TRSZORN62418, has been set as 7.0878%. This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.
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