Summary Info
Roadshow Plan for Sustainability Bond Issuance
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
Authorized Member Decision Date
09.08.2023
Issue Limit
500.000.000
Currency Unit
USD
Issue Limit Security Type
Green/Sustainability Themed Capital Market Instruments (Debt Intstrument)
Sale Type
Oversea
Domestic / Oversea
Oversea
Capital Market Board Application Date
08.03.2024
Capital Market Board Application Result
APPROVAL
Capital Market Board Approval Date
18.04.2024
Expiry Date of Issue Limit
18.04.2025
Additional Explanations
Our Company plans to issue Sustainability Bond to be sold to qualified investors abroad, with a tenor of 5 years, within the current issuance limits approved by the Capital Markets Board of Türkiye. The issuance will be subject to 144A/RegS regulations. In this respect, Turk Telekom management will hold investor meetings arranged by the mandated banks, starting from May 7, 2024. The final decision on the issuance, the amount of the issuance and certain terms and conditions will be determined according to the developments in financial markets following these meetings. The Notes which are planned to be listed on the Euronext Dublin and traded on the Global Exchange Market (‘GEM') are expected to be rated "BB-" by S&P Global Ratings and "B+" by Fitch Ratings. Citi Group, JP Morgan and HSBC have been mandated for the issuance.