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 Board Approval Date
21.06.2022
Capital Market Instrument To Be Issued Info
Intended Nominal Amount
61.000.000
Intended Maximum Nominal Amount
61.000.000
Central Securities Depository
MKK
The country where the issue takes place
Türkiye
Type
Bond
Maturity Date
25.08.2023
Maturity (Day)
365
Interest Rate Type
Floating Rate
Floating Rate Reference
TREASURY
Additional Return
%3
Sale Type
Sale To Qualified Investor
ISIN Code
TRSVSTL82325
Title Of Intermediary Brokerage House
AK YATIRIM MENKUL DEĞERLER A.Ş.
Approval Date of Tenor Issue Document
21.06.2022
Payment Type
TL Payment
Starting Date of Sale
24.08.2022
Ending Date of Sale
25.08.2022
Traded in the Stock Exchange
No
Maturity Starting Date
25.08.2022
Nominal Value of Capital Market Instrument Sold
61.000.000
Issue Price
1
Coupon Number
4
Currency Unit
TRY
Coupon Payment Frequency
Quarterly
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
24.11.2022
23.11.2022
24.11.2022
7,9781
32
36,05
2
23.02.2023
22.02.2023
23.02.2023
3
25.05.2023
24.05.2023
25.05.2023
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 June 23, 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 61,000,000 corporate bond with floating coupon payments with a maturity of 365 days to domestic qualified investors on August 25, 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.