International rating agency Fitch Ratings revised our Company's Long-Term Local and Foreign-Currency Ratings (IDR) to ‘CCC-' from 'CCC+'. The instrument rating of the senior unsecured bonds issued by our company amounting to USD 500 million with a maturity of 2029 has been revised from "CCC" to "CC".
The 2nd Term Collective Bargaining Agreement covering the period between January 1, 2026 and December 31, 2027, between Vestel Elektronik Sanayi ve Ticaret A.Ş., Vestel Beyaz Eşya Sanayi ve Ticaret A.Ş. and Vestel Mobilite Sanayi ve Ticaret A.Ş. and the Turkish Metal Union, has been signed on June 30, 2026.
In accordance with the resolution of the Board of Directors dated 25.06.2026, Vestel Elektronik Sanayi ve Ticaret A.Ş. has decided to apply to the Capital Markets Board of Türkiye for the issuance of debt instruments in Turkish Lira up to a total amount of TRY 2,000,000,000 (two billion Turkish Lira), with maturities of up to five (5) years, in one or more issuances, through private placement and/or allocated sale to qualified investors without public offering.
TL 224,480,000 nominally valued commercial paper, which was sold to qualified investors on 12 February, 2026 with a maturity of 133 days and trades with the ISIN Code of TRFVSTL62613 , was redeemed as of today (June 25, 2026) with completion of coupon payment amounting to TL 35,990,653.92 and the principal payment of TL 224,480,000.
35,050,000 nominally valued corporate bond, which was sold to qualified investors on May 27, 2025 with a maturity of 394 days and with the ISIN Code of TRSVSTL62616, was redeemed as of today (June 25, 2026) with completion of the fourth coupon payment amounting to TL 6,274,440.70 and the principal payment of TL 35,050,000.
Vestel Elektronik Sanayi ve Ticaret AŞ completed the sale of a TL 338,160,000 commercial paper with fixed coupon payment with a maturity of 106 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 49%. Ak Yatırım Menkul Kıymetler AŞ has acted as the financial intermediary for the issue.
Ms. Tuğba Gök Nam has been appointed as Chief Human Resources Officer of our Company, effective as of July 16, 2026. Respectfully announced to the public.
Pursuant to the fourth paragraph of Article 13 of the Capital Markets Law No. 6362, repayments and returns may be made available by the Investor Compensation Center (the "ICC") to the rightful owners of our Company's shares, the ownership of which was transferred to the ICC as a result of their not being dematerialized within the prescribed period, within the framework of the provisions of the "Regulation on the Principles and Procedures Regarding the Payments to be Made to Investors by the Investor Compensation Center Following the Partial Annulment of the Fourth Paragraph of Article 13 of the Capital Markets Law No. 6362", published in the Official Gazette dated September 7, 2016 and numbered 29824.
Under the said Regulation, the final date for rightful owners to submit their applications, together with the required documents, to the Investor Compensation Center is September 6, 2026.
Applications must be made by submitting, to the Investor Compensation Center, the delivery report issued upon the handover of the physical share certificates to our Company, together with the other documents required under the Regulation.
In this regard, it is important that rightful owners wishing to benefit from the provisions of the Regulation complete their applications within the prescribed period in order to avoid any potential loss of rights.
Information regarding the application and payment conditions can be obtained from the "Frequently Asked Questions on Dematerialization" section of the ICC's website (https://www.ytm.gov.tr), or by calling +90 312 292 90 45.
Respectfully announced to the public.
Completion of Third Coupon Payment and Announcement of the Interest Rate for the Third Payment for the Corporate Bond with the ISIN Code of TRSVSTL82614 The third coupon payment amounting to TL 4,746,191,52 on the TL 39,660,000 nominally valued corporate bond which was sold to qualified investors on August 25, 2025 with a maturity of 367 days and trades with the ISIN Code of TRSVSTL82614 , was made as of today. The interest rate for the fourth coupon payment has been set as 12.2302%.