TL 455,000,000 nominally valued Corporate Bond, which was sold to qualified investors on July 17, 2024 with a maturity of 113 days and with the ISIN Code of TRFVESTK2417, was redeemed as of today (November 7, 2024) with completion of the coupon payment amounting to TL 73,953,425 and the principal payment of TL 455,000,000.
In accordance with its Board's decision dated 26.09.2024, Vestel Beyaz Eşya Sanayi ve Ticaret AŞ decided to apply to the Capital Markets Board of Türkiye to issue up to TL 3,000,000,000 (three billion Turkish Liras) of TL denominated debt instruments in varying terms up to 5 (five) years, in single or multiple tranches, in the form of sales to qualified investors without being offered to the public.
TL 50,000,000 nominally valued corporate bond, which was sold to qualified investors on August 25, 2023 with a maturity of 390 days and trades with the ISIN Code of TRSVEST92410, was redeemed as of today (September 18, 2024) with completion of coupon payment amounting to TL 8,927,100 and the principal payment of TL 50,000,000.
TL 260,000,000 nominally valued corporate bond, which was sold to qualified investors on September 1, 2023 with a maturity of 383 days and trades with the ISIN Code of TRSVEST92428, was redeemed as of today (September 18, 2024) with completion of coupon payment amounting to TL 42,420,920 and the principal payment of TL 260,000,000.
Vestel Beyaz Eşya Sanayi ve Ticaret AŞ completed the sale of a commercial paper with a nominal value of TL 800,000,000, maturity of 147 days and a fixed coupon payment to domestic qualified investors. The transfer of the securities to investor accounts will be completed today. The debt instrument offers an annual simple interest rate of 52.50%. Ak Yatırım Menkul Kıymetler AŞ has acted as the financial intermediary for the issuance.
Vestel Beyaz Esya Sanayi ve Ticaret AŞ completed the sale of a commercial paper with a nominal value of TL 200,000,000, maturity of 175 days and a fixed coupon payment to domestic qualified investors. The transfer of the securities to investor accounts will be completed today. The debt instrument offers an annual simple interest rate of 52%. Ak Yatırım Menkul Kıymetler AŞ has acted as the financial intermediary for the issuance.
The second coupon payment amounting to TL 76,475,182.77 on the TL 556,430,000 nominally valued commercial paper, which was sold to qualified investors on February 21, 2024 with a maturity of 295 days and trades with the ISIN Code of TRFVESTA2419, was made as of today. The interest rate for the third coupon payment has been set as 17.2756%.
Vestel Beyaz Eşya reported TL 31,940 mn of sales revenues and TL 669 mn of net profit for 1H24.
Click here for the 1Q24 CMB financials.
Vestel Beyaz Eşya reported TL 31,940 mn of sales revenues and TL 669 mn of net profit for 1H24.
Click here for the 1Q24 CMB financials.
Vestel Beyaz Esya Sanayi ve Ticaret AŞ completed the sale of a commercial paper with a nominal value of TL 455,000,000, maturity of 113 days and a fixed coupon payment to domestic qualified investors. The transfer of the securities to investor accounts will be completed today. The debt instrument offers an annual simple interest rate of 52.50%.