Summary Info
Developments regarding the issuance of debt instruments for sale to non-residents
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
Authorized Member Decision Date
04.09.2024
Issue Limit
1.100.000.000
Currency Unit
USD
Issue Limit Security Type
Debt Securities
Sale Type
Oversea
Domestic / Oversea
Oversea
Capital Market Board Application Date
04.09.2024
Capital Market Board Application Result
APPROVAL
Capital Market Board Approval Date
25.09.2024
Expiry Date of Issue Limit
25.09.2025
Additional Explanations
Pursuant to our material event disclosure dated October 10, 2024, Our Company's book building process for the sustainability-linked bonds to be issued for sale to international qualified investors within the format of "Rule 144A" and/or "Regulation S" is completed. The nominal value of the Eurobonds to be issued is USD 800,000,000 with a maturity of 5.5 years. The issued bonds will be redeemed in installments of USD 45,000,000 every six months starting from the third year, with the remaining USD 575,000,000 to be redeemed at maturity. The bonds will be listed on the Irish Stock Exchange (Euronext Dublin). The sale transaction is expected to be completed on October 23, 2024, following the execution of the agreement for issuance and obtaining the Capital Markets Board approval for the issuance certificate. 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.