Vakıf Finansal Kiralama receives authorization to issue lease certificates of up to 10 billion TL
The Board of Directors of Vakıf Finansal Kiralama A.Ş., in its decision dated 16.10.2026, authorized the General Directorate to issue lease certificates of up to 10 billion TL, with Kalkınma Yatırım Varlık Kiralama A.Ş. as the issuer. A lease certificate is a debt instrument backed by assets. The issuance will take place within one year from the Capital Markets Board (SPK) decision and only to qualified investors and/or on a private placement basis.
What does it mean?
The company gave management authority to seek the necessary approvals to sell lease certificates worth up to 10 billion TL within one year; according to the document, this is not a completed sale yet.
Who is affected?
Qualified investors and private placement buyers who may be able to purchase debt instruments from Vakıf Finansal Kiralama.