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SASA POLYESTER SANAYİ A.Ş.

Capital/Financing Update Nov 5, 2020

5949_rns_2020-11-05_667ba5c0-b1cf-428b-80cc-dde7c99626e8.html

Capital/Financing Update

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Summary Info Convertible Bond Issue Amount Revision
Update Notification Flag No
Correction Notification Flag Yes
Postponed Notification Flag No
Reason of Correction Convertible Bond Issue Amount Revision
Authorized Member Decision Date 27.08.2020
Issue Limit 200.000.000
Currency Unit EUR
Issue Limit Security Type Debt Securities
Sale Type Oversea
Domestic / Oversea Oversea
Capital Market Board Application Date 28.08.2020

Additional Explanations

As a result of the market research conducted on the issue of Convertible Bonds, which our company previously shared with the public and which will be issued euro-denominated up to a nominal value of € 150 million (one hundred and fifty million Euros) with a maturity of 5 (five) years to be sold merely to qualified investors abroad, it is decided to increase the amount up to € 200 million (two hundred million Euros) with the recommendation of the financial institutions planned to intermediate the issue. For this respect, our previous application to the Capital Markets Board has been revised. In the event of any discrepancy between the Turkish and English versions of this disclosure statement, the original Turkish version shall prevail. SASA disclaims all warranties and makes no representations about the accuracy or completeness of the English translation and assumes no liability for any errors, omissions or inaccuracies that may arise from use of this translation.

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