Summary Info
Recent developments on the issuance of debt securities abroad
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
Authorized Member Decision Date
28.01.2019
Issue Limit
1.000.000.000
Currency Unit
USD
Issue Limit Security Type
Dept Securities
Sale Type
Oversea
Domestic / Oversea
Oversea
Capital Market Board Application Date
29.01.2019
Capital Market Board Application Result
APPROVAL
Capital Market Board Approval Date
14.02.2019
Expiry Date of Issue Limit
14.02.2020
Additional Explanations
BofA Merrill Lynch, Citigroup Global Markets Limited and J.P. Morgan Securities plc have been mandated for selling our Company's bonds to qualified investors outside Turkey within the format of "Rule 144A" and/or "Regulation S". In this context, it is planned to arrange a series of investor meetings in Europe and the USA with the participation of our Company's executives starting from March 1st 2019. The ultimate decision for a bond issuance and the amount and terms of the issue will be determined based on market conditions after the investor meetings. The issuance will be completed following the final registration with the Capital Markets Board and the receipt of tranche issue document. This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.