Summary Info
Board of Directors' Decision on authorization for domestic debt instrument issuance
Update Notification Flag
No
Correction Notification Flag
No
Postponed Notification Flag
No
Authorized Member Decision Date
16.01.2025
Issue Limit
2.000.000.000
Currency Unit
TRY
Issue Limit Security Type
Debt Securities
Sale Type
Private Placement-Sale To Qualified Investor
Domestic / Oversea
Domestic
Additional Explanations
Based on the authority granted by our Board of Directors in Article 8 of our Company's Articles of Association on 16.01.2025, it has been decided to authorize the Company's management to conduct debt instrument issuance transactions in Turkish Lira up to a total of 2 Billion Turkish Lira in various arrangements and maturities, in accordance with the provisions of the Debt Instruments Communiqué of the Capital Markets Board, without a public offering in the country, by way of private placement and/or sale to qualified investors and in a manner that will not lead to a public offering, to be traded on the relevant market of Borsa Istanbul A.Ş., within a period of 1 year, in accordance with the principles to be determined depending on the market conditions. The necessary permit application will be made to the Capital Markets Board within the scope of this decision. 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.