Summary Info
Adjustment of the Conversion Price of the Contingent Convertible Bond
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
Subject of Notification
Other
Board Decision Date
08.06.2023
Related Issue Limit Info
Currency Unit
TRY
Limit
3.547.703.506
Issue Limit Security Type
Debt Securities
Sale Type
Private Placement
Domestic / Oversea
Domestic
Capital Market Board Approval Date
17.01.2024
Capital Market Instrument To Be Issued Info
Type
Convertible Bond
Maturity Date
22.01.2029
Maturity (Day)
1.825
Sale Type
Private Placement
Intended Nominal Amount
3.547.703.506
Intended Maximum Nominal Amount
3.547.703.506
The country where the issue takes place
Türkiye
Title Of Intermediary Brokerage House
TEB YATIRIM MENKUL DEĞERLER A.Ş.
Central Securities Depository
Merkezi Kayıt Kuruluşu A.Ş.
Starting Date of Sale
22.01.2024
Ending Date of Sale
22.01.2024
Nominal Value of Capital Market Instrument Sold
3.547.703.506
Maturity Starting Date
22.01.2024
Issue Price
1
Interest Rate Type
Floating Rate
Floating Rate Reference
TLREF
Additional Return (%)
0
Traded in the Stock Exchange
No
Payment Type
TL Payment
ISIN Code
TRSSASAA9914
Coupon Number
5
Currency Unit
TRY
Coupon Payment Frequency
Annually
Redemption Plan of Capital Market Instrument Sold
Coupon Number
Payment Date
Record Date
Payment Date
Interest Rate - Periodic (%)
Interest Rate - Yearly Simple (%)
Interest Rate - Yearly Compound (%)
Payment Amount
Exchange Rate
Was The Payment Made?
1
22.01.2025
21.01.2025
22.01.2025
2
22.01.2026
21.01.2026
22.01.2026
3
22.01.2027
21.01.2027
22.01.2027
4
21.01.2028
20.01.2028
21.01.2028
5
22.01.2029
19.01.2029
22.01.2029
Principal/Maturity Date Payment Amount
22.01.2029
19.01.2029
22.01.2029
Rating
Does the issuer have a rating note?
Yes
Issuer Rating Note
Rating Company
Rating Note
Rating Date
Is it Investment Grade?
JCR Avrasya Derecelendirme A.Ş.
A+ (tr) (Stabil Görünüm)
28.07.2023
Yes
Does the capital market instrument have a rating note?
No
Does the originator have a rating note?
No
Other Developments Regarding Issue
The Conversion Price determined as TRY 53 for our Company's Contingent Convertible Debt Instrument issued and sold on 22 January 2024 has been updated due to the 700% bonus issue.
Additional Explanations
The adjusted Conversion Price corresponding to 1 lot (TL 1 nominal) share traded on Borsa Istanbul (BIST), and the adjusted Conversion Ratio per TRY 100.000 principal amount of the bonds, are as follows: Adjusted Conversion Price : TRY 6.625 Adjusted Conversion Ratio : 15.094,339623 lot
Supplementary Documents
Appendix: 1
Onaylı İhraç Belgesi ve Eki.pdf
Appendix: 2
Başvuru Formu.pdf