Mavi Giyim Sanayi ve Ticaret : 15 September 2022Board Resolution Regarding Debt Instrument Issue
September 15, 2022 at 03:00 am
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JIn accordance with the authorization given by article 7 of the Company's Articles of Association and within the framework of the capital market legislation, on 12.09.2022 our Board of Directors have decided to issue debt instruments up to TRY 5,000,000,000 (Five Billion Turkish Liras) nominal value, with a maximum maturity of 5 years, in various terms, without public offering, via single or multiple sales to domestic qualified investors and/or private placement methods. General Directorate has been authorized to determine all the conditions including the date, amount, maturity, interest rate and sale method regarding the debt instruments to be issued and it has been decided that the CEO and CFO will be jointly authorized to represent the Company in order to carry out the necessary applications and all other transactions before, including but not limited to, the Capital Markets Board, Borsa İstanbul A.Ş.
Mavi Giyim Sanayi ve Ticaret AS published this content on 15 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 September 2022 06:59:10 UTC.
Mavi Giyim Sanayi ve Ticaret AS is a Turkey-based company, which designs and manufactures apparel and accessories, under the Mavi brand, for both women and men. The Company offers pants, jackets, shirts, shorts, dresses, skirts, and joggers. The Company operates more than 390 mono-brand Mavi stores with particular presence in Turkey, the United States (following the acquisition of Mavi USA), Canada (following the acquisition of Mavi Canada), Europe (centered on Germany) and Russia, more than 5,000 global points of sale, as well as an online store. It has a retail base in Turkey with more than 200 mono-brand retail stores, more than 60 franchise-operated mono-brand retail stores and more than 400 multi-brand points of sale across the country. Its wholesale partners include Nordstrom, Bloomingdaleâs and Peek & Cloppenburg.
MAVI GIYIM SANAYI VE TICARET 
