Capital/Financing Update • Aug 4, 2023
Capital/Financing Update
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| Summary Info | CMB Application for Debt Instrument issuance in Turkey |
| Update Notification Flag | Yes |
| Correction Notification Flag | No |
| Postponed Notification Flag | No |
| Authorized Member Decision Date | 08.06.2023 |
| Issue Limit | 4.000.000.000 |
| Currency Unit | TRY |
| Issue Limit Security Type | Debt Securities |
| Sale Type | Private Placement |
| Domestic / Oversea | Domestic |
| Capital Market Board Application Date | 04.08.2023 |
Additional Explanations
Within the scope of the authority given to the Board of Directors with the second paragraph of Article 10 of the Articles of Association titled "Issuance of Various Securities", an application has been made to the Capital Markets Board on 4 August 2023 for issuance of a Turkish Lira denominated contingent convertible debt instrument for up to TRY 4,000,000,000 to be sold only to Company's main shareholder Erdemoğlu Holding A.Ş. as a private placement without public offering. 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.
Supplementary Documents
| Appendix: 1 | Basın Duyurusu.pdf |
| Appendix: 2 | Press Release.pdf |
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