Turkiye Petrol Rafinerileri : Notification Regarding Issue Limit

Notification Regarding Issue Limit

SummaryInfoDebt Instrument Issuance - Roadshow

Update Notification Flag Yes

Correction Notification Flag No

Postponed Notification Flag No

Authorized Member Decision Date 04.08.2017

Issue Limit 1.000.000.000

Currency Unit USD

Issue Limit Security Type DeptSecurities

Sale Type Oversea

Domestic / Oversea Oversea

Capital Market Board Application

Date

Capital Market Board Application Result

Capital Market Board Approval Date

17.07.2017

APPROVAL

04.08.2017

Expiry Date of Issue Limit 04.08.2018

Additional Explanations

As announced on 07 August 2017, the approval had been granted for the application filed with the Capital Markets Board of Turkey (CMB) for the issuance and sale of debt instruments abroad, within a period of 1 year from the date of approval, up to an amount of USD 1,000,000,000 or an equivalent foreign currency amount, with various composition and terms to be determined under the market conditions on the date of the issuance and to be sold outside Turkey through one or more issuance.

In this respect, a mandate letter has been signed with Citigroup Global Markets Limited, HSBC Bank PLC, JP Morgan Securities PLC and Standard Chartered Bank for the purpose of issuance of such bonds.

Starting from 6 October 2017, senior management of the Company will carry out a series of investor meetings arranged by its mandated banks, in Europe and the United States of America, regarding the issuance of the Debt Instruments, planned to be sold under Rule 144A and Regulation S, and to be listed on the London Stock Exchange.

Any further developments will be disclosed.

In case of a discrepancy between the Turkish and the English versions of this disclosure, the Turkish version shall prevail.