Summary Info
Resolution on Issuance of Debt Instruments
Update Notification Flag
No
Correction Notification Flag
No
Postponed Notification Flag
No
Authorized Member Decision Date
22.11.2022
Issue Limit
10.000.000.000
Currency Unit
TRY
Issue Limit Security Type
Debt Securities
Sale Type
Private Placement-Sale To Qualified Investor
Domestic / Oversea
Domestic
Additional Explanations
Regarding the decision of the Board of Directors dated 22 November 2022 and numbered 9860, in accordance with the article 9 of the Articles of Association entitled "Issue of Debt Instruments" and the provisions of the Capital Market Law and other relevant legislation, Financial Management and Financial Affairs Group Vice President granted authorization to issue of debt instruments, a total amount of up to TL 10,000,000,000 (TenBillionTurkishLira), to be sold to domestic qualified investors and/or private placement in one or more times, without being offered to the public, to determine the maturity of the debt instruments not exceeding 48 months, to issue of debt instruments with discount or coupon payments depending on market conditions, to determine interest rates of borrowing instruments with variable or fixed interest rates and to make all the necessary applications to the relevant authorities for the issuance of debt instruments and perform all necessary operations. In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.