Brief: Turkcell Says Its Subsidiary Turkcell Odeme Decides To Issue Lease Certificates Up To 1.5 Bln Lira

Turkcell Iletisim Hizmetleri

20/09/2024 07:27

Sept 20 (Reuters) - TURKCELL İLETİŞİM HİZMETLERİ
 TCELL.IS :
    * SAID ON THURSDAY BOARD OF DIRECTORS DECIDES ITS SUBSIDIARY
TURKCELL ÖDEME VE ELEKTRONIK PARA HIZMETLERI SHALL ISSUE
MANAGEMENT AGREEMENT BASED LEASE CERTIFICATES (SUKUK)
    * LEASE CERTIFICATES TO WORTH UP TO 1.5 BLN LIRA WITH 12
MONTHS OF
MATURITY
    * ISSUANCE TO BE MADE IN DOMESTIC MARKET, IN ONE OR MORE
TRANCHES,
WITHOUT A PUBLIC OFFERING, AS A PRIVATE PLACEMENT AND/OR TO BE
SOLD TO INSTITUTIONAL INVESTORS
    * THE RESPECTIVE ISSUANCE IS SUBJECT TO THE APPROVAL OF THE
CAPITAL MARKETS BOARD

        
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