Recent Developments in Turkish Capital Markets - April 2025
RECENT DEVELOPMENTS IN TURKISH CAPITAL MARKETS - APRIL 2025
ISSUANCES APPROVED BY THE CAPITAL MARKETS BOARD OF TÜRKİYE - APRIL 2025
SHARE ISSUANCES of PUBLIC COMPANIES | ||
COMPANY NAME | TYPE of SALE | SIZE of ISSUANCE |
Beşiktaş Futbol Yatırımları Sanayi ve Ticaret A.Ş. | Public Offering | TRY 4,800,000,000 |
Katmerciler Araç Üstü Ekipman Sanayi ve Ticaret A.Ş. | Public Offering | TRY 1,076,625,000 |
Suwen Tekstil Sanayi Pazarlama A.Ş. | Issuance Through Internal Resources | TRY 336,000,000 |
Özsu Balık Üretim A.Ş. | Issuance Through Internal Resources | TRY 60,000,000 |
Mackolik İnternet Hizmetleri Ticaret A.Ş. | Issuance Through Internal Resources | TRY 75,000,000 |
Hedef Girişim Sermayesi Yatırım Ortaklığı A.Ş. | Public Offering | TRY 565,000,000 |
Bosch Fren Sistemleri Sanayi ve Ticaret A.Ş. | Public Offering | TRY 91,910,049 |
Kontrolmatik Teknoloji Enerji ve Mühendislik A.Ş. | Private Placement | TRY 44,500,000 |
Mavi Giyim Sanayi ve Ticaret A.Ş. | Issuance Through Internal Resources | TRY 397,256,000 |
Denge Yatırım Holding A.Ş. | Public Offering | TRY 300,000,000 |
Ford Otomotiv Sanayi A.Ş. | Issuance Through Internal Resources | TRY 3,158,190,000 |
DEBT INSTRUMENTS ISSUANCES | |||
COMPANY NAME | TYPE of DEBT INSTRUMENT | TYPE of SALE | ISSUANCE LIMIT |
Ata Yatırım Menkul Kıymetler A.Ş. | Bonds/Financing Bonds | Qualified Investor | TRY 700,000,000 |
Başer Finans Faktoring A.Ş. | Bonds/Financing Bonds | Qualified Investor | TRY 50,000,000 |
Timur Gayrimenkul Geliştirme Yapı ve Yatırım A.Ş. | Bonds/Financing Bonds | Private Placement / Qualified Investor | TRY 2,000,000,000 |
Koç Finansman A.Ş. | Bonds/Financing Bonds | Private Placement / Qualified Investor | TRY 2,050,000,000 |
Yapı ve Kredi Bankası A.Ş. | Bonds/Financing Bonds/Capital-Related Debt Instrument | Overseas | USD 7,000,000,000 |
Kartonsan Karton Sanayi ve Ticaret A.Ş. | Bonds/Financing Bonds | Private Placement | TRY 1,000,000,000 |
Burgan Finansal Kiralama A.Ş. | Bonds/Financing Bonds | Qualified Investor | TRY 2,000,000,000 |
Akdeniz Faktoring A.Ş. | Bonds/Financing Bonds | Qualified Investor | TRY 324,598,000 |
Ford Otomotiv Sanayi A.Ş. | Bonds/Financing Bonds | Private Placement / Qualified Investor | TRY 12,000,000,000 |
Tiryaki Agro Gıda Sanayi ve Ticaret A.Ş. | Bonds/Financing Bonds | Private Placement / Qualified Investor | TRY 2,500,000,000 |
Aksa Enerji Üretim A.Ş. | Bonds/Financing Bonds | Overseas | USD 500,000,000 |
Uluğ Enerji Dağıtım ve Perakende Satış Hizmetleri A.Ş. | Bonds/Financing Bonds | Overseas | USD 500,000,000 |
CW Enerji Mühendislik Ticaret ve Sanayi A.Ş. | Bonds/Financing Bonds | Private Placement / Qualified Investor | TRY 3,000,000,000 |
Koç Fiat Kredi Finansman A.Ş. | Bonds/Financing Bonds | Private Placement / Qualified Investor | TRY 1,850,000,000 |
Karsan Otomotiv Sanayi ve Ticaret A.Ş. | Bonds/Financing Bonds | Private Placement / Qualified Investor | TRY 1,000,000,000 |
MLP Sağlık Hizmetleri A.Ş. | Green Bond/Financing Bonds | Qualified Investor | TRY 2,000,000,000 |
Garanti Yatırım Menkul Kıymetler A.Ş. | Bonds/Financing Bonds | Qualified Investor | TRY 4,000,000,000 |
Quick Finansman A.Ş. | Bonds/Financing Bonds | Private Placement / Qualified Investor | TRY 850,000,000 |
Tam Finans Faktoring A.Ş. | Bonds/Financing Bonds | Private Placement / Qualified Investor | TRY 574,000,000 |
ICBC Turkey Bank A.Ş. | Capital-Related Debt Instrument | Overseas | CNY 700,000,000 |
Aydem Yenilenebilir Enerji A.Ş. | Green/Sustainable Bond/Financing Bonds | Overseas | USD 750,000,000 |
OTHER ISSUANCES | |||||
COMPANY NAME | TYPE of CAPITAL MARKETS INSTRUMENTS | NOMINAL ISSUANCE CAP | TYPE of SALE | IN THE ISSUANCE OF LEASE CERTIFICATES AND ASSET-BACKED SECURITIES | |
FOUNDER | SOURCE ORGANIZATION/FUND USER | ||||
Nurol Varlık Kiralama A.Ş. | Lease Certificate Based on Management Agreement | TRY 5,000,000,000 | Private Placement / Qualified Investor | Nurol Yatırım Bankası A.Ş. | Nurol Yatırım Bankası A.Ş. |
Emlak Varlık Kiralama A.Ş. | Lease Certificate Based on Management Agreement | TRY 3,000,000,000 | Private Placement / Qualified Investor | Emlak Varlık Kiralama A.Ş. | İş Finansal Kiralama A.Ş. |
Ata Varlık Kiralama A.Ş. | Lease Certificate Based on Management Agreement | TRY 1,500,000,000 | Private Placement / Qualified Investor | Ata Yatırım Menkul Kıymetler A.Ş. | Fasdat Gıda Dağıtım Sanayi ve Ticaret A.Ş. |
KT Sukuk Varlık Kiralama A.Ş. | Lease Certificate Based on Management Agreement | TRY 1,500,000,000 | Private Placement / Qualified Investor | Kuveyt Türk Katılım Bankası A.Ş. | Efor Çay Sanayi ve Ticaret A.Ş. |
TMKŞ Koçfinans İkinci Varlık Finansmanı Fonu | Asset-Backed Security | TRY 5,000,000,000 | Qualified Investor | Birleşik İpotek Finansmanı A.Ş. | Koç Finansman A.Ş. |
Halk Varlık Kiralama A.Ş. | Lease Certificate Based on Management Agreement | TRY 10,000,000,000 | Private Placement / Qualified Investor | Türkiye Halk Bankası A.Ş. | Emlak Konut Gayrimenkul Yatırım Ortaklığı A.Ş. |
Değer Varlık Kiralama A.Ş. | Lease Certificate Based on Management Agreement | TRY 2,000,000,000 | Private Placement / Qualified Investor | Albaraka Türk Katılım Bankası A.Ş. | Ebebek Mağazacılık A.Ş. |
KT Sukuk Varlık Kiralama A.Ş. | Lease Certificate Based on Management Agreement | TRY 1,000,000,000 | Private Placement / Qualified Investor | Kuveyt Türk Katılım Bankası A.Ş. | Kuveyt Türk Yatırım Menkul Değerler A.Ş. |
Halk Varlık Kiralama A.Ş. | Lease Certificate Based on Management Agreement | TRY 1,000,000,000 | Private Placement / Qualified Investor | Türkiye Halk Bankası A.Ş. | Halk Finansal Kiralama A.Ş. |
Ak Yatırım Menkul Değerler A.Ş. | Investment Institution Warrant and Certificate | TRY 800,000,000 | Public Offering / Qualified Investor | - | - |
Emlak Varlık Kiralama A.Ş. | Green Lease Certificate Based on Construction Agreement | TRY 100,000,000 | Private Placement / Qualified Investor | Türkiye Emlak Katılım Bankası AŞ | Konya Büyükşehir Belediyesi |
Ata Varlık Kiralama A.Ş. | Lease Certificate Based on Management Agreement | TRY 1,000,000,000 | Private Placement / Qualified Investor | Ata Yatırım Menkul Kıymetler A.Ş. | Atakey Patates Gıda Sanayi ve Ticaret A.Ş. |
Emlak Varlık Kiralama A.Ş. | Lease Certificate Based on Management Agreement | TRY 1,000,000,000 | Private Placement / Qualified Investor | Emlak Katılım Bankası A.Ş. | Reis Makina Ticaret Sanayi A.Ş. |
ANNOUNCEMENTS AND BOARD RESOLUTIONS
Announcement Pursuant to the Decision of the Capital Markets Board dated 18/04/2025 and numbered 24/733:
It has been resolved that the following measures and practices, which were set out in the Capital Markets Board's decision dated 23.03.2025 and numbered 18/574, as announced in the Capital Markets Board Bulletin dated 23.03.2025 and numbered 2025/18, shall continue to be implemented until the end of the trading session on 30.05.2025:
- The prohibition of short selling transactions on Borsa Istanbul A.Ş.’s equity markets,
- The facilitation of share buybacks by publicly held companies,
- The flexible application of equity ratios during the continuation of margin trading in capital markets.
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