Summary Info
Announcement Regarding Completion of Debt Instrument Issuance
Update Notification Flag
No
Correction Notification Flag
No
Postponed Notification Flag
No
Subject of Notification
Completion of the Sale
Board Decision Date
19.09.2024
Related Issue Limit Info
Currency Unit
USD
Limit
500.000.000
Issue Limit Security Type
Debt Securities
Sale Type
Oversea
Domestic / Oversea
Oversea
Capital Market Board Approval Date
28.11.2024
Capital Market Instrument To Be Issued Info
Type
Bond
Maturity Date
24.01.2030
Maturity (Day)
1.826
Sale Type
Oversea
The country where the issue takes place
İrlanda
Central Securities Depository
DTC/Euroclear/Clearstream
Ending Date of Sale
24.01.2025
Nominal Value of Capital Market Instrument Sold
500.000.000
Maturity Starting Date
24.01.2025
Issue Exchange Rate
35,599
Interest Rate Type
Fixed Rate
Traded in the Stock Exchange
Yes
Payment Type
Foreign Exchange Payment
ISIN Code
XS2981975027
Coupon Number
10
Currency Unit
USD
Coupon Payment Frequency
Once Every Six Months
Redemption Plan of Capital Market Instrument Sold
Coupon Number
Payment Date
Was The Payment Made?
1
24.07.2025
2
24.01.2026
3
24.07.2026
4
24.01.2027
5
24.07.2027
6
24.01.2028
7
24.07.2028
8
24.01.2029
9
24.07.2029
10
24.01.2030
Principal/Maturity Date Payment Amount
24.01.2030
Rating
Does the issuer have a rating note?
Yes
Issuer Rating Note
Rating Company
Rating Note
Rating Date
Is it Investment Grade?
Fitch Ratings, S&P Ratings
Fitch: BB- (Durağan) , S&P: BB (Durağan)
20.12.2024
No
Does the capital market instrument have a rating note?
Yes
Capital Market Instrument Rating Note
Rating Company
Rating Note
Rating Date
Is it Investment Grade?
Fitch Ratings, S&P Ratings
Fitch: BB- , S&P: BB
13.01.2025
No
Additional Explanations
The sale process of the conventional bond issuance of our Company with a nominal amount of USD 500 million, 5-year maturity, a redemption date of 24.01.2030, a fixed annual coupon rate of 7.45%, and a sales price of 100% of the nominal value, to qualified investors abroad was completed on January 24, 2025. The subscription agreement for the issuance was signed on January 22, 2025. The bond is listed on the Irish Stock Exchange (Euronext Dublin). The proceeds were transferred to our Company's accounts. **If the payment date is not a business day, it shall mean the following business day