Vestel Beyaz Eşya Sanayi ve Ticaret AŞ completed the sale of a TL 350,000,000 commercial paper with fixed coupon payment with a maturity of 170 days to domestic qualified investors, the transfer of the securities to the customer accounts will be completed today. The debt instrument offers an annual simple interest rate of 43,50%. Ak Yatırım Menkul Kıymetler AŞ has acted as the financial intermediary for the issue.
Vestel Beyaz Eşya Sanayi ve Ticaret AŞ completed the sale of a TL 885,000,000 corporate bond with floating coupon payment with a maturity of 399 days to domestic qualified investors, the transfer of the securities to the customer accounts will be completed today. The interest rate of this instrument is 44% annual simple for the first coupon, 44% annual simple or the higher of TLREF + 0.50% (BIST TLREF Index Change + 50 Basis Points Additional Return) for the other coupons. Ak Yatırım Menkul Kıymetler AŞ has acted as the financial intermediary for the issue.
TL 200,000,000 nominally valued commercial paper, which was sold to qualified investors on 21 August, 2024 with a maturity of 175 days and trades with the ISIN Code of TRFVEST22513, was redeemed as of today (February 12, 2025) with completion of coupon payment amounting to TL 49,863,200 and the principal payment of TL 200,000,000.
TL 800,000,000 nominally valued commercial paper, which was sold to qualified investors on 18 September, 2024 with a maturity of 147 days and trades with the ISIN Code of TRFVEST22521, was redeemed as of today (February 12, 2025) with completion of coupon payment amounting to TL 169,151,200 and the principal payment of TL 800,000,000.
Within the scope of Article 11 of the Communiqué on Corporate Governance (II-17.1) of the Capital Markets Board, it has been resolved that Ms. Bensu Güde Öncü, who holds the required licenses stipulated by the legislation (Capital Market Activities Level 3 License / License Number: 933236, Corporate Governance Rating License / License Number: 933453), will be appointed as the Investor Relations Officer reporting to our Financial Affairs General Directorate and as a member of the Corporate Governance Committee, effective as of January 17, 2025.
Ms. Başak Dalga, the Head of Investor Relations and a Member of the Corporate Governance Committee of our Company, has decided to resign from her position effective as of December 31, 2024. We thank Ms. Başak Dalga for her valuable contributions to our Company and wish her every success in her future career. Until a new appointment is made within the period stipulated by the legislation, the duties will be carried out by the Financial Affairs Department, to which Investor Relations reports, in accordance with capital markets regulations.
Vestel Beyaz Eşya Sanayi ve Ticaret AŞ completed the sale of a TL 800,000,000 commercial paper with fixed coupon payment with a maturity of 181 days to domestic qualified investors, the transfer of the securities to the customer accounts will be completed today. The debt instrument offers an annual simple interest rate of 51%. Ak Yatırım Menkul Kıymetler AŞ has acted as the financial intermediary for the issue.
Pursuant to our material event disclosure dated 27.09.2024, the Capital Markets Board's ("CMB") approval for the planned debt issue was announced in the CMB's bulletin dated 20.12.2024 and numbered 2024/57. The approved issuance certificate, its annex and signed application form are presented in the attachment.
556,430,000 nominally valued corporate bond, which was sold to qualified investors on February 21, 2024 with a maturity of 295 days and with the ISIN Code of TRFVESTA2419, was redeemed as of today (December 12, 2024) with completion of the third coupon payment amounting to TL 96,126,621.08 and the principal payment of TL 556,430,000.
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.