Material Event Disclosures


The fifth coupon payment, amounting to TL 774,325.56, on the TL 14,600,000 nominally valued Corporate Bond, which was sold to qualified investors with a maturity of 546 days and with the ISIN Code of TRSZORN62111, was made as of today.

The interest rate for the sixth coupon payment of TL 14,600,000 nominally valued Corporate Bond, which was sold to qualified investors on December 3, 2019 with a maturity of 546 days and trades with the ISIN Code of TRSZORN62111, has been set as 5.7227%.

The third coupon payment of TL 2,184,450.00 on the lease certificate (ISIN Code: TRDYVKS62115) was made as of today.

At its meeting on March 1, 2021, the Board of Directors of Zorlu Enerji Elektrik Üretim AŞ (the Company) resolved, in accordance with the Capital Markets Law and the Communiqué On Lease Certificates of Capital Markets Board (the Communiqué), to participate as a Fund User / Originator in the issuance of management agreement based lease certificates according to the Articles 4/1b and 6 of the Communiqué, which will have a size of up to TL 400 mn and varying maturities between 1-60 months and will be sold to qualified investors in the domestic market without public offering.

Yatırım Varlık Kiralama AŞ will be the issuer and Türkiye Sınai Kalkınma Bankası AŞ will act as  the financial intermediary for the issue as per the agreement between Yatırım Varlık Kiralama AŞ and Türkiye Sınai Kalkınma Bankası AŞ.

The application for the afore-mentioned issuance has been submitted to EMRA. Necessary disclosure will be made to public when the application is submitted to the Capital Markets Board.

The second coupon payment, amounting to TL 2,870,029.23, on the TL 82,420,000 nominally valued Corporate Bond, which was sold to qualified investors with a maturity of 384 days and with the ISIN Code of TRSZORNK2124, was made as of today.

The fourth coupon payment amounting to TL 1,328,603.64 on the TL 80,220,000 nominally valued Commercial Paper with the ISIN Code of TRFZORN42128 was made as of today.

Zorlu Enerji Elektrik Üretim AŞ’s Extraordinary General Assembly Meeting for the year 2021 was held on 19 February 2021 at 14:00 pm at the address of Levent 199 Büyükdere Caddesi No: 199 34394 Şişli/Istanbul. At the Extraordinary General Assembly Meeting of the Company; the amendment of Article 6 of the Company's Articles of Association has been accepted.

Zorlu Enerji Elektrik Üretim AŞ’s Extraordinary General Assembly Meeting for the year 2021 was held on 19 February 2021 at 14:00 pm at the address of Levent 199 Büyükdere Caddesi No: 199 34394 Şişli/Istanbul. At the Extraordinary General Assembly Meeting of the Company; the amendment of Article 6 of the Company's Articles of Association has been accepted.

Zorlu Enerji Elektrik Üretim AŞ’s Extraordinary General Assembly Meeting for the year 2021 was held on 19 February 2021 at 14:00 pm at the address of Levent 199 Büyükdere Caddesi No: 199 34394 Şişli/Istanbul. At the Extraordinary General Assembly Meeting of the Company; the amendment of Article 6 of the Company's Articles of Association has been accepted.

The interest rate for the third coupon payment of TL 82,420,000 nominally valued Corporate Bond, which was sold to qualified investors on October 23, 2020 with a maturity of 384 days and trades with the ISIN Code of TRSZORNK2124, has been set as 3.5384%.

The second coupon payment, amounting to TL 364,288.08, on the TL 20,670,000 nominally valued Commercial Paper, which was sold to qualified investors with a maturity of 205 days and with the ISIN Code of TRFZORN72117, was made as of today.

Zorlu Enerji has announced on October 19, 2020 that the Capital Markets Board had approved the Company’s application to issue debt instruments up to a nominal value of TL 950 mn and with a maximum maturity of 5 years for sale in single or multiple tranches to qualified investors in the domestic market.

Within this scope, the Company completed the sale of a TL 154,940,000 corporate bond with floating coupon payments with a maturity of 377 days to domestic qualified investors on February 12, 2021. Ak Yatırım Menkul Değerler AŞ has acted as the financial intermediary for the issue.

Zorlu Enerji has announced on October 19, 2020 that the Capital Markets Board had approved the Company’s application to issue debt instruments up to a nominal value of TL 950 mn and with a maximum maturity of 5 years for sale in single or multiple tranches to qualified investors in the domestic market.

Within this scope, the Company completed the sale of a TL 65,060,000 discounted commercial paper with a maturity of 188 days to domestic qualified investors on February 12, 2021. Ak Yatırım Menkul Değerler AŞ has acted as the financial intermediary for the issue.

 

Commercial Paper with the ISIN Code of TRFZORN22112 was reedemed as of today with the completion of the fourth coupon payment amounting TL 3,859,390.32 and principal payment of TL 102,420,000.

Pursuant to our material event disclosures dated 21.01.2021 22.01.2021 and 03.02.2021,  Ministry of Trade has approved Zorlu Enerji’s application to obtain the required permission to amend the Article 6 of the Company's Articles of Association titled “The Capital of the Company”.

Pursuant to our material event disclosures dated 21.01.2021 22.01.2021 and 03.02.2021, Ministry of Trade has approved Zorlu Enerji’s application to obtain the required permission to amend the Article 6 of the Company's Articles of Association titled “The Capital of the Company”.

The first coupon payment, amounting to TL 419,198.75, on the TL 21,250,000 nominally valued Commercial Paper, which was sold to qualified investors with a maturity of 183 days and with the ISIN Code of TRFZORN72125, was made as of today.

Pursuant to our material event disclosures dated 21.01.2021 and 22.01.2021, Capital Markets Board has approved Zorlu Enerji’s application to obtain the required permission to amend the Article 6 of the Company's Articles of Association titled “The Capital of the Company”.

Pursuant to our material event disclosures dated 21.01.2021 and 22.01.2021, Capital Markets Board has approved Zorlu Enerji’s application to obtain the required permission to amend the Article 6 of the Company's Articles of Association titled “The Capital of the Company”.

Within the scope of the Capital Markets Board’s approval, Zorlu Enerji completed the sale of a TL 50,000,000 of management based lease certificate with a maturity of 178 days to domestic qualified investors on February 2, 2021.

The management based lease certificate with a nominal value of TL 40,000,000 and a maturity of 180 days which was sold to domestic qualified investors was reedemed as of today (February 2, 2021) with the completion of the coupon payment and the principal payment.

Today, our Company has made the necessary application to Capital Markets Board for the amendment of the Article 6 of the Company's Articles of Association.

The third coupon payment amounting to TL 1,285,766.16 on the TL 80,220,000 nominally valued Commercial Paper with the ISIN Code of TRFZORN42128 was made as of today.

Zorlu Enerji Elektrik Üretim AŞ’s Board of Directors took the following decisions at its meeting today:

- Zorlu Enerji aims to maximize its profit and market value by maintaining a balanced capital structure while conducting its operations efficiently. As a result of the evaluations made by taking into account the Company’s investment plans, it is determined that the existing registered capital ceiling will not be sufficient to meet the Company’s future targets although the current registered capital ceiling is not fully reached, 

- As per the Article 18 of the Capital Market Law and the CMB’s Communiqué on Registered Capital System, Zorlu Enerji’s registered capital ceiling will be increased from TL 3,000,000,000 to TL 6,000,000,000,

- The Article 6 of the Company’s Articles of Association will be amended within the framework of the proposed increase in the Company’s registered capital ceiling,

- In addition, the Company will initiate the process for up to a 100% rights issue to be undertaken without restricting the rights of the existing shareholders,

- After the announcement of the FY20 financial statements, the Board of Directors will evaluate and make a decision on the amount, the subscription price and the sales method for the new shares to be issued within the scope of the targeted rights issue (up to 100%) and will make a public disclosure,

- The management will be authorized to carry out the necessary transactions related with this resolution.

Corporate Bond with the ISIN Code of TRSZORN12124 was reedemed as of today with the completion of the sixth coupon payment amounting to TL 234,245.74 and principal payment of TL 12,180,000.

Corporate Bond with the ISIN Code of TRSZORN12116 was reedemed as of today with the completion of the sixth coupon payment amounting to TL 1,818,266.44 and principal payment of TL 24,310,000.

The first coupon payment, amounting to TL 352,526.85, on the TL 20,670,000 nominally valued Commercial Paper, which was sold to qualified investors with a maturity of 205 days and with the ISIN Code of TRFZORN72117, was made as of today.

The third coupon payment, amounting to TL 1,145,428.28, on the TL 47,240,000 nominally valued Commercial Paper, which was sold to qualified investors with a maturity of 321 days and with the ISIN Code of TRFZORN62126, was made as of today.

The second coupon payment, amounting to TL 1,804,487.90, on the TL 42,730,000 nominally valued Corporate Bond, which was sold to qualified investors with a maturity of 482 days and with the ISIN Code of TRSZORNK2116, was made as of today.

The interest rate for the third coupon payment of TL 42,730,000 nominally valued Corporate Bond, which was sold to qualified investors on July 17, 2020 with a maturity of 482 days and trades with the ISIN Code of TRSZORNK2116, has been set as 4.4178%.

Within the scope of the “Regulation on Amending the Electricity Market Licensing Regulation” published in the Official Gazette dated March 8, 2020, and numbered 31062 and entered into force on July 1, 2020, Zorlu Jeotermal Enerji Elektrik Üretim AŞ, a wholly-owned subsidiary of Zorlu Enerji, will establish a solar power plant to be integrated to its existing Alaşehir I GPP (45 MW), as a result of which, the facility will operate as a hybrid renewable power plant and generate electricity from both geothermal and solar energy (Main Source: Geothermal + Auxiliary Source: Solar). Accordingly, the company applied to EMRA to amend the generation license of the Alaşehir I GPP to 48.5880 MWm/45 MWe.

Zorlu Enerji has announced on October 19, 2020 that the Capital Markets Board had approved the Company’s application to issue debt instruments up to a nominal value of TL 950 mn and with a maximum maturity of 5 years for sale in single or multiple tranches to qualified investors in the domestic market.

Within this scope, the Company completed the sale of a TL 21,250,000 commercial paper with fixed coupon payments with a maturity of 183 days to domestic qualified investors on January 7, 2021. Ak Yatırım Menkul Değerler AŞ has acted as the financial intermediary for the issue.

Zorlu Enerji has announced on October 19, 2020 that the Capital Markets Board had approved the Company’s application to issue debt instruments up to a nominal value of TL 950 mn and with a maximum maturity of 5 years for sale in single or multiple tranches to qualified investors in the domestic market.

Within this scope, the Company completed the sale of a TL 22,300,000 corporate bond with floating coupon payments with a maturity of 370 days to domestic qualified investors on January 7, 2021. Ak Yatırım Menkul Değerler AŞ has acted as the financial intermediary for the issue.

Commercial Paper with the ISIN Code of TRFZORN12113 was reedemed as of today (January 7, 2021) with the completion of the principal payment of TL 30,000,000.