Capital/Financing Update • Oct 27, 2025
Capital/Financing Update
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| Summary Info | Issuance of a Corporate Bond with a Floating Coupon Payment to Qualified Investors |
| Update Notification Flag | No |
| Correction Notification Flag | No |
| Postponed Notification Flag | No |
| Subject of Notification | Completion of the Sale |
| Board Decision Date | 26.09.2024 |
Related Issue Limit Info
| Currency Unit | TRY |
| Limit | 3.000.000.000 |
| Issue Limit Security Type | Debt Securities |
| Sale Type | Sale To Qualified Investor |
| Domestic / Oversea | Domestic |
| Capital Market Board Approval Date | 20.12.2024 |
Capital Market Instrument To Be Issued Info
| Type | Bond |
| Maturity Date | 05.11.2026 |
| Maturity (Day) | 374 |
| Sale Type | Sale To Qualified Investor |
| Intended Nominal Amount | 123.480.000 |
| Intended Maximum Nominal Amount | 123.480.000 |
| 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. |
| Ending Date of Sale | 24.10.2025 |
| Nominal Value of Capital Market Instrument Sold | 123.480.000 |
| Maturity Starting Date | 27.10.2025 |
| Issue Price | 1 |
| Interest Rate Type | Floating Rate |
| The Period That Rate Will Be Used | T-1 |
| Floating Rate Reference | TLREF |
| Additional Return (%) | 1 |
| Traded in the Stock Exchange | Yes |
| Payment Type | TL Payment |
| ISIN Code | TRSVESTK2610 |
| Coupon Number | 4 |
| Currency Unit | TRY |
| Coupon Payment Frequency | Quarterly |
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 | 27.01.2026 | 26.01.2026 | 27.01.2026 | 11,5946 | 46 | 54,48 | 14.317.012,08 | ||
| 2 | 28.04.2026 | 27.04.2026 | 28.04.2026 | ||||||
| 3 | 28.07.2026 | 27.07.2026 | 28.07.2026 | ||||||
| 4 | 05.11.2026 | 04.11.2026 | 05.11.2026 | ||||||
| Principal/Maturity Date Payment Amount | 05.11.2026 | 04.11.2026 | 05.11.2026 | 123.480.000 |
Rating
| Does the issuer have a rating note? | Yes |
Issuer Rating Note
| Rating Company | Rating Note | Rating Date | Is it Investment Grade? |
| JCR-Eurasia Rating | AA (tr) / (Stabil Görünüm) | 28.03.2025 | Yes |
| Does the capital market instrument have a rating note? | No |
| Does the originator have a rating note? | No |
Additional Explanations
Vestel Beyaz Eşya Sanayi ve Ticaret AŞ completed the sale of a TL 123,480,000 corporate bond with floating coupon payment with a maturity of 374 days to domestic qualified investors, the transfer of the securities to the customer accounts will be completed today. The interest rate of this instrument is 46% annual simple for the first coupon, 46% annual simple or the higher of TLREF + 1.00% (BIST TLREF Index Change + 100 Basis Points Additional Return) for the other coupons. Ak Yatırım Menkul Kıymetler AŞ has acted as the financial intermediary for the issue. This statement was 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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