Summary Info
Approval of the Sustainable Lease Certificate Framework Document and the Second Party Opinion Report with regards to the Same
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
Related Companies
KLVKS
Authorized Member Decision Date
31.10.2022
Issue Limit
500.000.000
Currency Unit
TRY
Issue Limit Security Type
Green/Sustainability-Themed Capital Market Instruments
Sale Type
Private Placement-Sale To Qualified Investor
Domestic / Oversea
Domestic
Capital Market Board Application Date
23.11.2022
Additional Explanations
Pursuant to our Company's Board of Directors decision dated 20.01.2023 and numbered 2023/1, The Sustainable Lease Certificate Framework Document ("Framework Document") dated on January 2023 prepared by Süratam Sürdürülebilirlik Danışmanlığı A.Ş. in compliance with the Guidelines on Green Debt Instruments, Sustainable Debt Instruments, Green Lease Certificates and Sustainable Lease Certificates ("Guide") published by the Capital Markets Board ("CMB") on 24.02.2022 and the international standards and the Second Party Opinion Report dated 02 January 2023 which is prepared by Metsims Eğitim ve Danışmanlık Hizmetleri Limited Şirketi regarding compliance of the Framework Document with the Guide and international standards attached in the the letter delivered by Kalkınma Yatırım Varlık Kiralama A.Ş. to the CMB on 16.01.2023 has been accepted with regards to the lease certificate issuance application made to the CMB on 23.11.2022 for which our Company will be participating as a Fund User/Originator to issue green and/or sustainable lease certificates based on management agreement in accordance with the conditions stipulated in the regulations and the Guide and other legislation within the 1 (one) year from date of CMB's decision on the approval of issuance document in varying maturities denominated in Turkish Lira; and to issue these lease certificates which will have a size of up to TRY 500.000.000,00 (FivehundredMillionTurkishLiras) to be sold to allocated and/or qualified investors in domestic market without a public offering in coupons by Kalkınma Yatırım Varlık Kiralama A.Ş. as the issuer. In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.