Emlak Katılım Vehicle Revises Green Certificate Sale to TRY 200000000
A corrected KAP filing sets the completed domestic sale at 200000000 lira, with Türkiye Emlak Katılım Bankası named as fund user.
Key takeaways
- The completed sale to qualified investors had a revised nominal value of 200000000 lira.
- The certificates carry a fixed annual simple return rate of 36.25% and mature on February 11, 2027.
Emlak Katılım Varlık Kiralama completed a domestic sale of green lease certificates to qualified investors, with the nominal amount revised to 200000000 lira, according to a corrected KAP filing. The sale was completed on October 9.
The certificates have a fixed annual simple return rate of 36.25% and mature on February 11, 2027. They are not listed for trading on an exchange.
Türkiye Emlak Katılım Bankası is identified as the fund user, source organization and founder. The certificates provide financing for the bank; they are not a sale of shares in the issuing company.
This article was produced with the help of AI technology. Source: Yahoo Finance
