Summary Info
Roadshow Plan for Debt Instrument Issuance
Update Notification Flag
No
Correction Notification Flag
Yes
Postponed Notification Flag
No
Reason of Correction
Expiry Date of Issue Limit corrected.
Authorized Member Decision Date
26.06.2018
Issue Limit
500.000.000
Currency Unit
USD
Issue Limit Security Type
Dept Securities
Sale Type
Oversea
Domestic / Oversea
Oversea
Capital Market Board Application Date
07.01.2019
Capital Market Board Application Result
APPROVAL
Capital Market Board Approval Date
07.02.2019
Expiry Date of Issue Limit
07.02.2020
Additional Explanations
As per our previous announcements regarding debt capital market instrument issuance, our Company plans to issue Eurobonds to qualified investors abroad, with a tenor of between 5 to 7 years, within the current issue ceiling approved by the Capital Markets Board of Turkey. The Eurobonds will be subject to 144A/RegS regulations. In this respect, starting from February 15, 2019, high level management of our Company will carry out investor meetings arranged by mandated banks, in London, Boston and New York. The final decision on the bond issuance, the issuance amount and conditions, will be determined according to market developments following these meetings. The Eurobonds are planned to be listed on the Euronext Dublin when the issuance is completed. The Eurobonds are expected to be rated "BB-" by S&P Global Ratings and "BB+" by Fitch Ratings. BofA Merrill Lynch, Citi, ING, MUFG and Société Générale have been mandated for the issuance.