RECENT DEVELOPMENTS IN TURKISH CAPITAL MARKETS – DECEMBER 2024

ISSUANCES APRROVED BY THE CAPITAL MARKETS BOARD OF TÜRKİYE – DECEMBER 2024

INITIAL PUBLIC OFFERINGS

COMPANY NAME TYPE of SALE SIZE of ISSUANCE
Gülermak Ağır Sanayi İnşaat ve Taahhüt A.Ş. Paid Capital Increase

and

Sale of Existing Shares

TRY 22,600,000

and

TRY 9,700,000

Egeyapı Avrupa Gayrimenkul Yatırım Ortaklığı A.Ş. Paid Capital Increase

and

Sale of Existing Shares

TRY 42,200,000

and

TRY 19,000,000

Armada Gıda Ticaret Sanayi A.Ş. Paid Capital Increase

and

Sale of Existing Shares

TRY 43,996,843

and

TRY 1,833,157

Çağdaş Cam Sanayi ve Ticaret A.Ş. Paid Capital Increase

and

Sale of Existing Shares

TRY 31,000,000

and

TRY 11,000,000

Sümer Varlık Yönetim A.Ş. Paid Capital Increase

and

Sale of Existing Shares

TRY 18,000,000

and

TRY 10,000,000

 

SHARE ISSUANCES of PUBLIC COMPANIES

COMPANY NAME TYPE of SALE SIZE of ISSUANCE
HUB Girişim Sermayesi Yatırım Ortaklığı A.Ş. Issuance Through Internal Resources TRY 210,000,000
Kızılbük Gayrimenkul Yatırım Ortaklığı A.Ş. Issuance Through Internal Resources TRY 900,000,000
Galatasaray Sportif Sınai ve Ticari Yatırımlar A.Ş. Paid Capital Increase TRY 4,320,000,000
Tat Gıda Sanayi A.Ş. Paid Capital Increase TRY 108,800,000
Sekuro Plastik Ambalaj Sanayi A.Ş. Paid Capital Increase
Fenerbahçe Futbol A.Ş. Paid Capital Increase TRY 151,020,000
Etiler Gıda ve Ticari Yatırımlar Sanayi ve Ticaret A.Ş. Issuance Through Internal Resources TRY 80,000,000
Yeşil Yapı Endüstrisi A.Ş. Issuance Through Internal Resources TRY 530,809,844.03
Batısöke Söke Çimento Sanayii Türk A.Ş. Paid Capital Increase TRY 1,200,000,000
QNB Finansal Kiralama A.Ş. Paid Capital Increase TRY 1,000,000,000
Merit Turizm Yatırım ve İşletme A.Ş. Issuance Through Internal Resources TRY 308,550,000
Europap Tezol Kağıt Sanayi ve Ticaret A.Ş. Issuance Through Internal Resources TRY 60,000,000

 

DEBT INSTRUMENTS ISSUANCES

COMPANY NAME TYPE of SALE ISSUANCE LIMIT
Qua Granite Hayal Yapı ve Ürünleri Sanayi Ticaret A..Ş Qualified Investor TRY 10,000,000,000
Alnus Yatırım Menkul Değerler A.Ş. Qualified Investor TRY 1,000,000,000
Selçuk Ecza Deposu Ticaret ve Sanayi A.Ş. Private Placement / Qualified Investor TRY 8,000,000,000
Borlease Otomotiv A.Ş. Private Placement / Qualified Investor TRY 2,000,000,000
Şekerbank T.A.Ş. Private Placement / Qualified Investor TRY 2,500,000,000
Emir Varlık Yönetim A.Ş. Private Placement / Qualified Investor TRY 1,000,000,000
Erciyas Çelik Boru Sanayi A.Ş. Overseas USD 200,000,000
Türkiye İş Bankası A.Ş. Overseas USD 5,000,000,000
Türkiye İhracat Kredi Bankası A.Ş. Overseas USD 5,000,000,000
Türkiye Garanti Bankası A.Ş. Overseas USD 2,000,000,000
T.C. Ziraat Bankası A.Ş. Overseas USD 2,000,000,000
USD 11,000,000,000
Petkim Petrokimya Holding A.Ş. Qualified Investor TRY 5,000,000,000
Vestel Beyaz Eşya Sanayi ve Ticaret A.Ş. Qualified Investor TRY 3,000,000,000
Alternatif Finansal Kiralama A.Ş. Qualified Investor TRY 1,500,000,000
Akça Kimyevi Maddeler Nakliyat Ticaret ve Sanayi A.Ş. Qualified Investor TRY 900,000,000
BNP Paribas Finansal Kiralama A.Ş. Private Placement / Qualified Investor TRY 2,000,000,000
Alves Kablo Sanayi ve Ticaret A.Ş. Private Placement / Qualified Investor TRY 1,000,000,000
Koray Gayrimenkul Yatırım Ortaklığı A.Ş. Qualified Investor TRY 1,000,000,000
Peker Gayrimenkul Yatırım Ortaklığı A.Ş. Qualified Investor TRY 1,500,000,000
Overseas EUR 150,000,000
Osmanlı Yatırım Menkul Değerler A.Ş. Qualified Investor TRY 1,000,000,000
Qualified Investor TRY 4,000,000,000
Deniz Faktoring A.Ş. Qualified Investor TRY 5,400,000,000
Vakıf Faktoring A.Ş. Qualified Investor TRY 8,600,000,000
Lider Faktoring A.Ş. Private Placement / Qualified Investor TRY 1,125,000,000
Invest AZ Yatırım Menkul Değerler A.Ş. Private Placement / Qualified Investor TRY 150,000,000
Halk Yatırım Menkul Değerler A.Ş. Qualified Investor TRY 5,850,000,000
Tv8 Tv Yayıncılık A.Ş. Qualified Investor TRY 900,000,000
Fasdat Gıda Dağıtım Sanayi ve Ticaret A.Ş. Qualified Investor TRY 500,000,000
Türk Ekonomi Bankası A.Ş. Private Placement / Qualified Investor TRY 30,000,000,000
Coca-Cola İçecek A.Ş. Private Placement / Qualified Investor TRY 5,000,000,000
AG Anadolu Grubu Holding A.Ş Private Placement / Qualified Investor TRY 2,500,000,000
CVK Maden İşletmeleri Sanayi ve Ticaret A.Ş. Private Placement / Qualified Investor TRY 1,000,000,000

 

OTHER ISSUANCES

COMPANY NAME TYPE of CAPITAL MARKETS INSTRUMENTS TYPE of SALE
KT Kira Sertifikaları Varlık Kiralama A.Ş Lease Certificate Based on Management and/or Trading Contracts Private Placement / Qualified Investor
Destek Yatırım Bankası AŞ Birinci Finansmanı Fonu Asset-Backed Security Qualified Investor

 

Announcement Pursuant to the Board Decision No. 66/2035 and dated 26/12/2024

As announced by Board on 23/03/2020, in order to minimize the adverse effects of the COVID-19 pandemic on the financial markets of our country, it was permitted under the second article of the Board Decision that communications through mobile applications (e.g., WhatsApp) on the mobile phones of employees with remote access in investment firms and/or personal email addresses assigned to personnel could be used to accept orders until further notice, effective from the date of the Board decision.

Considering current market conditions, the aforementioned provision under Article 2 of the Board Decision dated 19/03/2020 has been repealed as of the first business day following the date of this decision.

 

Announcement Pursuant to the Board Decision No. 62/1863 and dated 05/12/2024

  • Pursuant to the Board’s decision dated 06/02/2023, the short-selling ban imposed on equity markets within Borsa Istanbul has been lifted, effective from 02/01/2025, limited to the equity markets included in the BIST 50 Index as announced by Borsa Istanbul.
  • In transactions executed in the equity markets where the short-selling ban has been lifted, it has been decided to inform investors and investment institutions that pressing the “short-selling” button is mandatory for positions sold without prior ownership and closed on the same day, in accordance with Articles 24 and 28 of the Board’s Communiqué on Margin Trading, Short Selling, and Lending and Borrowing Transactions (Serial: V, No: 65).

 

Announcement Pursuant to the Board Decision No. 66/2058 and dated 26/12/2024

The amounts subject to revaluation under the Capital Markets Law No. 6362, as well as the regulations, communiqués, and other subordinate legislation issued pursuant to this Law, along with those issued under the repealed Capital Markets Law No. 2499 that remain in force, have been published for the year 2025.

 

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