Summary Info
Issuance of a Corporate Bond with a Floating Coupon Payment to Qualified Investors
Update Notification Flag
No
Correction Notification Flag
No
Postponed Notification Flag
No
Subject of Notification
Completion of the Sale
Board Decision Date
13.04.2022
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
Type
Bond
Maturity Date
25.08.2023
Maturity (Day)
389
Interest Rate Type
Floating Rate
Interest Rate - Periodic (%)
9,2247
ISIN Code
TRSVSTL82317
Ending Date of Sale
01.08.2022
Maturity Starting Date
01.08.2022
Nominal Value of Capital Market Instrument Sold
30.000.000
Coupon Number
4
Currency Unit
TRY
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
31.10.2022
28.10.2022
31.10.2022
9,2447
37
42,4638
2
30.01.2023
27.01.2023
30.01.2023
3
02.05.2023
28.04.2023
02.05.2023
4
25.08.2023
24.08.2023
25.08.2023
Principal/Maturity Date Payment Amount
25.08.2023
24.08.2023
25.08.2023
Rating
Does the issuer have a rating note?
Yes
Issuer Rating Note
Rating Company
Rating Note
Rating Date
Is it Investment Grade?
JCR-Eurasia Rating
A (Trk)/( Stabil Görünüm)
30.11.2021
Yes
Does the capital market instrument have a rating note?
No
Does the originator have a rating note?
No
Additional Explanations
Vestel Elektronik has announced on April 13, 2022 that the Capital Markets Board had approved the Company's application to issue TL denominated debt instruments up to a nominal value of TL 750,000,000 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 30,000,000 corporate bond with floating coupon payments with a maturity of 389 days to domestic qualified investors on August 1, 2022. Ak Yatırım Menkul Kıymetler AŞ has acted as the financial intermediary for the issue. 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.