|
Pursuant to our material event disclosure dated May 1, 2024, the book building process for the sale of our Company's bonds to qualified investors outside of Turkey in accordance with the "Regulation S" and "Rule 144A" has been completed. The bonds to be issued have a nominal value of USD 450 million with a 5-year maturity and a fixed coupon rate of 9.75% per annum. The bonds will be listed on the Euronext Dublin Stock Exchange. The transaction is expected to be completed on May 15, 2024 after the subscription agreement is signed and the tranche issuance certificate is obtained from the Capital Markets Board of Türkiye. This statement has been 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.
|