Capital/Financing Update • Aug 6, 2025
Capital/Financing Update
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| Summary Info | Approval of the Capital Markets Board of Türkiye for the Issuance of Debt Securities |
| Update Notification Flag | Yes |
| Correction Notification Flag | No |
| Postponed Notification Flag | No |
| Authorized Member Decision Date | 13.03.2025 |
| Issue Limit | 5.000.000.000 |
| Currency Unit | TRY |
| Issue Limit Security Type | Debt Securities |
| Sale Type | Sale To Qualified Investor |
| Domestic / Oversea | Domestic |
| Capital Market Board Application Date | 16.04.2025 |
| Capital Market Board Application Result | APPROVAL |
| Capital Market Board Approval Date | 31.07.2025 |
| Expiry Date of Issue Limit | 31.07.2026 |
Additional Explanations
According to the resolution of our Company's Board of Directors dated March 13, 2025 and numbered 2025/13; on the basis of the power granted to our Board of Directors under article 9 of the Articles of Association of our Company and in compliance with the provisions of the Communiqué on Debt Securities (VII-128.8) of the Capital Markets Board, debt securities shall be issued at once or at multiple times by our Company in Turkish Lira in an amount not exceeding TRY 5,000,000,000 (FiveBillionTurkishLiras) at various maturities to be sold to qualified investors without any domestic public offering; that those debt securities shall be issued on a discount and/or with coupon payment and interest rates shall be determined as a floating and/or fixed rate depending on the market conditions; that, in this extent, an application shall be filed to the Capital Markets Board with a request for the approval of the issue document; that, if the application is approved, any two of Group 1 authorised signatories of our Company shall be jointly authorised for determination of all terms and conditions, drawing up of contracts, filing of applications to the relevant authorities and performance of all necessary procedures for the issuance of debt securities with respect the issuances to be realised within one year as of the approval date within the limits stated herein. Within this context, our application to the Capital Markets Board of Türkiye, which was made on April 16, 2025, was approved at the Board's resolution dated July 31, 2025 and numbered 43/1359. The application form, issue document and its annex are attached. (In case of a discrepancy between the Turkish and the English versions of this disclosure, the Turkish version shall prevail.)
Supplementary Documents
| Appendix: 1 | İhraç Belgesi ve Eki.pdf |
| Appendix: 2 | Başvuru Formu.pdf |
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