Financing ·
Turkcell board approves up to TRY 8 billion lease certificate issuance by subsidiary Superonline
TKCTurkcell Iletisim Hizmetleri A S
The Board of Directors of Turkcell İletişim Hizmetleri A.Ş. approved a resolution allowing its wholly-owned subsidiary, Superonline İletişim Hizmetleri A.Ş., to issue lease certificates (sukuk) through an asset leasing company in Türkiye. The issuance is capped at TRY 8 billion with maturities up to 12 months and may be executed via private placement or sale to institutional investors without a public offering. These issuances remain subject to approval by the Capital Markets Board of Turkey. Turkcell operates as a leading telecommunications provider in Turkey, offering mobile, fixed-line, internet, and digital services.