Summary Info
Transfer of the Proceeds from the Eurobond Issuance to the Company's Account
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
Subject of Notification
Completion of the Sale
Board Decision Date
14.03.2024
Related Issue Limit Info
Currency Unit
USD
Limit
500.000.000
Issue Limit Security Type
Debt Securities
Sale Type
Oversea
Domestic / Oversea
Oversea
Capital Market Board Approval Date
18.04.2024
Capital Market Instrument To Be Issued Info
Type
Bond
Maturity Date
15.05.2029
Maturity (Day)
1.826
Sale Type
Oversea
The country where the issue takes place
İrlanda
Central Securities Depository
DTC/Euroclear/Clearstream
Nominal Value of Capital Market Instrument Sold
450.000.000
Maturity Starting Date
15.05.2024
Interest Rate Type
Fixed Rate
Traded in the Stock Exchange
Yes
Payment Type
Foreign Exchange Payment
ISIN Code
XS2817919587
Coupon Number
10
Currency Unit
USD
Coupon Payment Frequency
Once Every Six Months
Redemption Plan of Capital Market Instrument Sold
Coupon Number
Payment Date
Was The Payment Made?
1
15.11.2024
2
15.05.2025
3
17.11.2025
4
15.05.2026
5
16.11.2026
6
17.05.2027
7
15.11.2027
8
15.05.2028
9
15.11.2028
10
15.05.2029
Principal/Maturity Date Payment Amount
15.05.2029
Rating
Does the issuer have a rating note?
Yes
Issuer Rating Note
Rating Company
Rating Note
Rating Date
Is it Investment Grade?
Fitch Ratings, Moody's Ratings
B+ (Positive) Fitch, B3 (Stable) Moody's
01.05.2024
No
Does the capital market instrument have a rating note?
Yes
Capital Market Instrument Rating Note
Rating Company
Rating Note
Rating Date
Is it Investment Grade?
Fitch Ratings, Moody's Ratings
B+ (Positive) Fitch (Beklenen/Expected), B3 (Stable) Moody's
01.05.2024
No
Does the originator have a rating note?
No
Additional Explanations
Pursuant to our material event disclosure dated 15.05.2024, the amounts related to the Eurobond issued and sold abroad with a nominal value of USD 450 million, maturity of 5 years, fixed coupon rate of 9.75% per annum and redemption date of May 15, 2029, are transferred to our Company's accounts. The proceeds from the Eurobond issuance will be used to refinance existing financial debt and finance investments. 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.