Summary Info
CMB application for domestic debt instrument issuance
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
Authorized Member Decision Date
25.09.2024
Issue Limit
12.000.000.000
Currency Unit
TRY
Issue Limit Security Type
Debt Securities
Sale Type
Private Placement-Sale To Qualified Investor
Domestic / Oversea
Domestic
Capital Market Board Application Date
18.02.2025
Additional Explanations
On September 25th, 2024, pursuant to the authority granted by Article 7 of our Company's Articles of Association, the Board of Directors has decided to issue debt securities in accordance with the Capital Markets Board's Regulations on Debt Instruments, up to a total amount of 12 billion Turkish Liras, to be issued in various series and maturities, either privately placed and/or sold to qualified investors, and to be listed on the relevant market of Borsa Istanbul A.Ş. during a one-year period, subject to market conditions. This issuance will not lead to a public offering. The necessary permit application has been made to the Capital Markets Board within the scope of this decision today. In case of any discrepancies between the English translation and the Turkish explanation, the Turkish explanation shall prevail.