Summary Info
Issuance of a Corporate Green Bond with a Floating Coupon Payment to Qualified Investors
Update Notification Flag
No
Correction Notification Flag
No
Postponed Notification Flag
No
Board Decision Date
19.12.2019
Related Issue Limit Info
Currency Unit
TRY
Limit
750.000.000
Issue Limit Security Type
Debt Securities
Sale Type
Sale To Qualified Investor
Domestic / Oversea
Domestic
Capital Market Instrument To Be Issued Info
Intended Nominal Amount
50.380.000
Intended Maximum Nominal Amount
50.380.000
Type
Bond
Maturity Date
07.07.2022
Maturity (Day)
728
Interest Rate Type
Floating Rate
Interest Rate - Periodic (%)
3.0399
Sale Type
Sale To Qualified Investor
ISIN Code
TRSVSTL72227
Starting Date of Sale
06.07.2020
Ending Date of Sale
08.07.2020
Maturity Starting Date
09.07.2020
Nominal Value of Capital Market Instrument Sold
50.380.000
Issue Price
100
Coupon Number
8
Redemption Plan of Capital Market Instrument Sold
Coupon Number
Payment Date
Record Date
Payment Date
Interest Rate (%)
Interest Rate - Yearly Simple (%)
Interest Rate - Yearly Compound (%)
Payment Amount
Exchange Rate
Was The Payment Made?
1
08.10.2020
07.10.2020
08.10.2020
3,0399
12,193
12,1986
2
07.01.2021
06.01.2021
07.01.2021
3
08.04.2021
07.04.2021
08.04.2021
4
08.07.2021
07.07.2021
08.07.2021
5
07.10.2021
06.10.2021
07.10.2021
6
06.01.2022
05.01.2022
06.01.2022
7
07.04.2022
06.04.2022
07.04.2022
8
07.07.2022
06.07.2022
07.07.2022
Principal/Maturity Date Payment Amount
07.07.2022
06.07.2022
07.07.2022
Additional Explanations
Vestel Elektronik has announced on March 20, 2020 that the Capital Markets Board had approved the Company's application to issue debt instruments up to a nominal value of TL 750 mn and with a maximum maturity of 5 years for sale in single or multiple tranches to qualified investors in the domestic market. Within this scope, the Company completed the sale of a TL 50,380,000 corporate green bond with floating coupon payments with a maturity of 728 days to domestic qualified investors on July 9, 2020. Garanti Yatırım Menkul Kıymetler AŞ has acted as the financial intermediary for the issue. The "Second Party Opinion" for the "Green Bond" issuance obtained from Vigeo Eiris with the best evaluation and the "Green Bond Framework" prepared in this context are provided in the attachment.
Supplementary Documents
Appendix: 1
Vestel Green Bond Framework.pdf
Appendix: 2
Vigeo Eiris SPO.pdf