Summary Info
BOARD OF DIRECTORS' DECISION TO ISSUE DEBT INSTRUMENTS
Update Notification Flag
No
Correction Notification Flag
No
Postponed Notification Flag
No
Authorized Member Decision Date
13.04.2022
Issue Limit
750.000.000
Currency Unit
TRY
Issue Limit Security Type
Debt Securities
Sale Type
Private Placement-Sale To Qualified Investor
Domestic / Oversea
Domestic
Additional Explanations
Vestel Elektronik Sanayi ve Ticaret AŞ's Board of Directors decided to apply to the Capital Market Boards of Turkey to issue up to TL 750 million of debt instruments in single or multiple tranches with varying maturities of maximum 5 years. The instruments will be sold to qualified investors and/or private placements in the domestic market and can be issued as all kinds of bonds, convertible bonds, exchangeable bonds, commercial papers and other capital market instruments that are debt instruments by their nature and accepted by the Capital Markets Board. This statement was translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.