Summary Info
Developments on the Issuance of Debt Securities for Sale Outside of Turkey
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
Authorized Member Decision Date
09.06.2021
Issue Limit
1.000.000.000
Currency Unit
USD
Issue Limit Security Type
Debt Securities
Sale Type
Oversea
Domestic / Oversea
Oversea
Capital Market Board Application Date
16.06.2021
Additional Explanations
We had announced on 16.06.2021 that the application to Capital Markets Board has been made on 16.06.2021 regarding the planned debt security issuance. In this respect, we mandated Goldman Sachs International, J.P. Morgan Securities plc and Citigroup Global Markets Limited for the purpose of offering the bonds to qualified investors outside of Turkey within the format of "Rule 144A" and/or "Regulation S". In July 2021, it is planned that the members of our senior management will attend a series of virtual investor/roadshow meetings to be arranged with potential investors residing abroad. The final decision on the issuance, amount and conditions will be determined subject to the roadshow meetings, market conditions and application approval of the Capital Markets Board regarding the issue limit and the approval of the tranche issuance document.