SPK Approves DK Yıldız's TRY 1 Billion Issuance Ceiling
The approval allows domestic lease-certificate offerings through DK Yıldız, with Karaca Züccaciye named as the fund user.
Key takeaways
- The SPK approved a TRY 1 billion lease-certificate issuance ceiling for DK Yıldız.
- Karaca Züccaciye is named as the fund user, and the approval is valid through October 7, 2027.
DK Yıldız Varlık Kiralama A.Ş. said in a KAP filing that Turkey’s Capital Markets Board (SPK) approved a TRY 1 billion ceiling for domestic lease-certificate issues. Karaca Züccaciye Ticaret ve Sanayi A.Ş. is named as the source institution and fund user.
The certificates are planned in Turkish lira and in tranches, using a management-contract structure. They may be sold through private placements and/or to qualified investors.
The ceiling permits future issues up to the approved limit; it does not confirm that certificates have been sold or proceeds received. The SPK approved the application on October 7, 2026, and the ceiling is valid through October 7, 2027.
This article was produced with the help of AI technology. Source: Yahoo Finance
