Vestel Elektronik Sanayi ve Ticaret AŞ completed the sale of a TL 24,340,000 corporate bond with floating coupon payment with a maturity of 386 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 45,00% annual simple for the first coupon, 45,00% annual simple or the higher of TLREF + 1% (BIST TLREF Index Change + 100 Basis Points Additional Return) for the other coupons. Ak Yatırım Menkul Kıymetler AŞ has acted as the financial intermediary for the issue.
TL 96,910,000 nominally valued commercial paper, which was sold to qualified investors on 27 May, 2025 with a maturity of 183 days and trades with the ISIN Code of TRFVSTLK2517 , was redeemed as of today (November 26, 2025) with completion of coupon payment amounting to TL 25,751,603.57 and the principal payment of TL 96,910,000
The first coupon payment amounting to TL 4,798,344,42 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 second coupon payment has been set as 11.9672%.
The second coupon payment amounting to TL 4,718,816,55 on the TL 35,050,000 nominally valued corporate bond which was sold to qualified investors on May 27, 2025 with a maturity of 394 days and trades with the ISIN Code of TRSVSTL62616 , was made as of today. The interest rate for the third coupon payment has been set as 13.4631%.
The second coupon payment amounting to TL 84,869,100 on the TL 340,000,000 nominally valued corporate bond which was sold to qualified investors on December 5, 2024 with a maturity of 379 days and trades with the ISIN Code of TRSVSTLA2514 , was made as of today. The interest rate for the third coupon payment has been set as 4.2042%.
The third coupon payment amounting to USD 24,375,000 on the USD 500,000,000 nominally valued eurobond which was sold on May 15, 2024 and June 14, 2024 and trades with the ISIN Code of XS2817919587, was made as of today. This statement was translated into English for informational purposes.
Our consolidated financial statements and interim report for 01.01.2025 – 30.09.2025 accounting period has been disclosed to public today. The related documents and financial results presentation is available at our website www.vestelinternational.com.
The third coupon payment amounting to TL 96,829,500 on the TL 750,000,000 nominally valued corporate bond which was sold to qualified investors on January 29, 2025 with a maturity of 379 days and trades with the ISIN Code of TRSVSTL22610 , was made as of today. The interest rate for the fourth coupon payment has been set as 13.1069%.
Ali Yalçın has been appointed as General Manager of Vestel Europe, effective as of November 1, 2025.
In order to manage our domestic sales activities more efficiently, rapidly, and in an integrated manner, it has been decided to merge the Marketing Directorate with the Sales Directorate, which manages sales in Turkey, as well as in Central Asia, Iran, Iraq, Syria, and the Turkish Republic of Northern Cyprus, under a single organizational structure within Vestel Group.
Accordingly, international sales operations previously conducted under the Sales Directorate in Central Asia, Iran, Iraq, Syria, and the Turkish Republic of Northern Cyprus will be transferred to the Overseas Sales Directorate.
Effective as of September 23, 2025, the following organizational changes have been implemented:
Following the departure of Mr. Tarık Hakan Leloğlu, who held the position of General Manager responsible for sales in Turkey, Central Asia, Iran, Iraq, Syria, and the Turkish Republic of Northern Cyprus, Mr. Seçkin Gençoğlu, who held the position of General Manager responsible for Europe, the Middle East, Africa, and the Americas, will assume additional responsibility for the Sales Directorate covering Central Asia, Iran, Iraq, Syria, and the Turkish Republic of Northern Cyprus.
Ms. Nezihe Duygu Badem Uylukçuoğlu, who held the position of Marketing General Manager, will also assume responsibility for domestic sales, continuing her duties under the title of Global Marketing & Domestic Sales General Manager.