The Communiqué Regarding Debt Securities (II-31.1)
("Communiqué") was published in
the Official Gazette dated 07 June 2013 and numbered 28670. The
Communiqué on the Principles Regarding the Registration and
Sale of Debt Securities (Serial: II, No: 22) was abrogated with
this Communiqué. The Communiqué entered into force on
07 July 2013.
Issuance of Debt Securities
Debt securities may be issued through public offering or through
private sale without being offered to the public. Sales conducted
without a public offering are concluded as private placement and
the debt securities are sold to a qualified investor.
The debt securities to be issued may be sold in tranches within
the issuance limit, to be calculated pursuant to the
Communiqué, and within the issuance limit deemed appropriate
by the Capital Markets Board ("Board").
The issuance limit shall be determined in Turkish Lira for domestic
issuances. The issuance limit shall be determined in Turkish Lira
or a
