Capital/Financing Update • Dec 2, 2024
Capital/Financing Update
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| Summary Info | Application to the Capital Markets Board for the Debt Instrument Issuance Ceiling |
| Update Notification Flag | Yes |
| Correction Notification Flag | No |
| Postponed Notification Flag | No |
| Authorized Member Decision Date | 29.11.2024 |
| Issue Limit | 9.500.000.000 |
| Currency Unit | TRY |
| Issue Limit Security Type | Debt Securities |
| Sale Type | Private Placement-Sale To Qualified Investor |
| Domestic / Oversea | Domestic |
| Capital Market Board Application Date | 02.12.2024 |
Additional Explanations
Following the decision of the Board of Directors announced in our company's KAP disclosure dated November 29, 2024, and based on the authority granted to the Board of Directors under Article 15 of our company's Articles of Association regarding the issuance of debt instruments, a permission application has been submitted to the Capital Markets Board today for the issuance of debt instruments with the following terms: up to a total amount of 9,500,000,000 TL (Nine Billion Five Hundred Million Turkish Liras), in Turkish Lira, without a public offering, through the sale to qualified investors and/or through a private placement method, for various maturities up to 3 years, in one or more issuances, with fixed and/or variable interest rates determined according to market conditions, in various tranches and maturities, either with or without coupon payments. Turkish and English translations of this statement are available, and in case of any conflict between the Turkish and English versions of this statement, the Turkish version will prevail.
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