Eurobond (Green Bond) Informations

As per the Capital Markets Law No. 6362 and applicable law and Article 28 of the Company Articles of Association, our Board of Directors resolved on February 25, 2025, on the issuance of debt securities and making necessary applications to Capital Markets Board, Central Registry Agency and other regulatory authorities, for up to USD 750,000,000.00-(seven hundred fifty million USD) or equivalent amount in Turkish lira or other currencies, with fixed or variable interest, in various tenors or maturities to be determined in accordance with the market conditions as at the issuance dates. The securities are to be sold outside of Turkey, the considerations as to the appointment of the foreign underwriters appointment has been started. In this respect, we mandated Goldman Sachs International, Citigroup Global Markets Limited and Morgan Stanley & Co. International plc for the purpose of offering the green bonds to qualified investors outside of Turkey within the format of "Rule 144A" and/or "Regulation S".

 

On 13.03.2025, an application was made to the Capital Markets Board regarding the planned debt instrument issuance. This transaction will not create any additional borrowing on Aydem Renewable Energy. The permission planned to be obtained is “issuance ceiling permission” and will be to evaluate refinancing opportunities related to our existing bonds.

 

Our application has been approved by the Capital Markets Board (CMB) and announced in the Capital Markets Board Bulletin dated 30.04.2025 and numbered 2025/28. The approved issue document is given below.

 

Click here to access the Approved Issuance Document for the Eurobond (Green Bond) issuance.