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ARTICLE · 16 SEPTEMBER 2020

Communiqué On Bondholders' Board Is Published

Following certain amendments in the Capital Markets Law No. 6362 ("CML") with the Law No. 7222 Amending Banking Law and Certain Other Laws published in the Official Gazette dated 25 February 2020...

TurkeyCorporate/Commercial Law
Eryürekli Attorney Partnership
Eryürekli Attorney Partnership
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Following certain amendments in the Capital Markets Law No. 6362 (“CML”) with the Law No. 7222 Amending Banking Law and Certain Other Laws published in the Official Gazette dated 25 February 2020 and numbered 31050, Capital Markets Board of Turkey (“CMB”) had presented the Draft Communiqué on Bondholders' Board to public opinion on 22 April 2020.

After revisions in light of the collected of public opinion, Communiqué on Bondholders' Board No. II-31/A.1 (“Communiqué”) was published in the Official Gazette dated 11 September 2020 and numbered 31241 with immediate effect, only covering the debt instruments issued in Turkey. The rules summarized below were adopted with the Communiqué's entry into force.

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