Approval for 12 Companies by SPK: Issuance of Bonds and Bills Worth Billions of TL

Activity in the Bond and Bill Market with SPK Approvals

The Capital Markets Board of Turkey (SPK) has granted approval for a total of billion TL for the bond and financing bill issuance of 12 companies. This significant development has resonated widely in the markets. Notable companies among those approved include Bilgin Power Plants, Volkswagen Doğuş Financing, Akbank, Limak Cement, and TV8.

Capital Increases and Fund Establishment Approvals

Moreover, according to the information in the SPK's weekly bulletin, the 134 million lira capital increase application of Sekuro Plastic Packaging Industry Inc. has been approved. This increase consists of 53 million 611 thousand 826 lira paid-in capital and 80 million 417 thousand 739 lira of free reserves. Additionally, Anadolu Hayat Emeklilik A.Ş. received permission for the establishment of the Real Estate Sector Equity Fund, deciding to register 10 billion lira worth of shares.

List of Financing Bills and Bond Issuances

Some notable figures among the approved debt instruments are as follows:

• Bilgin Power Plants Energy Production Inc.: 6 billion lira


• Volkswagen Doğuş Financing Inc.: 6.5 billion lira


• Çağdaş Factoring Inc.: 760 million lira


• Oktaş Okkaoğlu Construction: 400 million lira


• Barem Packaging Industry: 10 billion lira


• Bilkom IT Services Inc.: 3.9 billion lira


• Koç Stellantis Financing Inc.: 1.45 billion lira


• TV8 TV Broadcasting Inc.: 1.5 billion lira


• QNB Investment Securities Inc.: 4 billion lira


• Akbank TAŞ: 4 billion dollars bond application


• Limak Cement Industry and Trade Inc.: 250 million dollars


• Destek Investment Securities Inc.: 2 billion lira

Criminal Complaints and Trading Bans

The SPK filed a criminal complaint against 1 individual participating in unauthorized capital market activities, while a total of 31 individuals were subjected to trading bans concerning Ege Industry and Trade Inc. and Jantsa Wheel Industry and Trade Inc..

The SPK also decided to block access to 13 websites providing unauthorized cryptocurrency services abroad. This move has been noted as a significant step towards ensuring the security of the capital markets.