Capital/Financing Update • Feb 16, 2024
Capital/Financing Update
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| Summary Info | CMB Approval for Debt Instrument Issuance |
| Update Notification Flag | Yes |
| Correction Notification Flag | No |
| Postponed Notification Flag | No |
| Authorized Member Decision Date | 28.12.2023 |
| Issue Limit | 2.500.000.000 |
| 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 | 05.01.2024 |
| Capital Market Board Application Result | APPROVAL |
| Capital Market Board Approval Date | 08.02.2024 |
| Expiry Date of Issue Limit | 08.02.2025 |
Additional Explanations
As announced in our special situation disclosure dated January 5, 2024, in accordance with the Capital Markets Board's (SPK) decision numbered 9/188 dated February 8, 2024, our application for the issuance of debt instruments denominated in Turkish Lira, with various maturities of up to 2 (two) years, not exceeding the amount of 2,500,000,000 Turkish Lira (Two billion five hundred million Turkish Lira) domestically and offered to qualified investors through private placement and/or allocated sales methods without public offering in Turkey, via one or more issuances, with fixed and/or variable interest rates determined according to market conditions and with coupon payments or without, has been approved. The approved Issuance Certificate and the application form are attached. A 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.
Supplementary Documents
| Appendix: 1 | Onaylı İhraç Belgesi ve Eki.pdf |
| Appendix: 2 | Başvuru Formu.pdf |
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